Correction (May 19): This article has been updated for clarity and accuracy regarding memory pricing trends and certain reported revenue growth figures and framing cited from translated...

Revenue is at record highs, but even that isn't enough to fund the inventory these companies need.

Correction (May 19): This article has been updated for clarity and accuracy regarding memory pricing trends and certain reported revenue growth figures and framing cited from…

Micron Technology's HBM chips are sold out through 2026 as AI demand surges DRAM prices 6x, but rising industry capex raises overcapacity concerns.