# HBM Sold Out Through 2027

> Micron's AI memory orders surge as customers beg for HBM chips.
- Title: HBM Sold Out Through 2027 · 24/7 Wall St. | Shortify
- Summary: Micron's AI memory orders surge as customers beg for HBM chips. Micron's AI-driven memory contracts secure $100 billion in revenue through 2027 despite…
- Keywords: micron, hbm, memory, drum, nand, scalars, ai infrastructure, Sold, Through, 2027, 24/7 Wall St.
- Source: 24/7 Wall St. — https://247wallst.com/investing/2026/09/21/hbm-sold-out-through-2027-microns-customers-are-begging-can-anything-go-wrong
- Author: Omor Ibne Ehsan
- Published: 2026-09-21T18:45:56+00:00
- Read time: 1 min
- Topics: micron, hbm, ai, memory, drum, nand, scalars, ai infrastructure
## The Memory Boom
Micron's stock jumped 502% in a year to $1,015.80.

> the memory industry has been structurally transformed by the proliferation of ai
## Customers Are Begging
Micron signed 16 five-year contracts for $100 billion in revenue.

> micron can fill only half to two-thirds of its biggest ai customers' demand
## Margins Break Records
Micron's gross margin hit 84.9% with $41.46 billion in revenue.

> the order book, contracts, and margins all support him
## HBM Scarcity
HBM chips are scarce, limiting ai accelerator shipments.

> virtually every ai workload creates data stored persistently on hdds
## The 2028 Crossroads
Micron can't predict when memory supply will catch up by 2028.

> micron does not have line of sight as to when memory supply will be able to catch up
## Key takeaway

Micron's AI-driven memory contracts secure $100 billion in revenue through 2027 despite supply constraints.