"Micron executives: Unable to determine when storage supply can catch up with growing demand"

On June 24th local time, at the Micron Technology 2026 fiscal year third quarter performance exchange meeting, Micron executives stated that the company expects industry supply to gradually improve by 2028, but it is currently uncertain when storage supply will be able to catch up with the continuously growing demand. On that day, Micron Technology fell by 0.37%, but rose by over 15% after hours.