Warnings that memory supply will remain tight for years gained further support after Micron Technology said AI-driven demand and long-term contracts with hyperscalers have shifted the memory market from a cyclical business to one defined by structural growth. CEO Sanjay Mehrotra said tight supply conditions are expected to persist beyond 2027, reinforcing earlier comments from Samsung and downstream equipment maker Sercomm that memory shortages are likely to last through at least 2028. The comments deepen an industry view that AI infrastructure demand is locking up capacity across the memory supply chain. Sercomm had already said large cloud service providers were aggressively taking production capacity, helping drive second-quarter consolidated revenue to a record NT$20.62 billion, up 23.8% from the prior quarter and 68.8% from a year earlier, while sharply higher memory costs compressed margins. Chairman Wang Wei said roughly 20% to 30% of that revenue growth reflected pass-through effects from rising memory prices rather than pure volume gains. Micron's latest remarks add weight from one of the industry's largest producers. The company said multi-year agreements with major customers are helping underpin demand visibility, while AI workloads require more memory capacity and bandwidth than traditional computing. That combination suggests the industry's current tightness is not just another short-lived upcycle but a more prolonged imbalance between supply growth and demand. Sercomm said supplier relationships helped it secure memory directly from the world's top three memory manufacturers and two Taiwanese suppliers during the shortage. Inventory rose to NT$28.7 billion at the end of the second quarter, including NT$8 billion of memory spot inventory, to support third-quarter demand. The company also said AI is reshaping its product roadmap, from home CPE assistants using NPUs for automated network management to distributed access architecture products planned by early 2027. Sercomm expects WiFi 7 to account for as much as 70% of new shipments in the second half.