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Micron doubles capital spending as AI memory shortage deepens

United States
First seen: Aug 29, 2026, 3:01 AM UTCUpdated: Aug 29, 2026, 2:31 PM UTC

Micron Technology is reportedly doubling capital expenditure amid a deepening shortage of memory products linked to artificial-intelligence demand.

Tighter AI-memory supply could affect technology costs, production capacity and global electronics supply chains.

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