# AI-driven demand is expected to exceed 50% of the memory market this year.

*semiconductor · news · 2026-05-04 · Benzinga*

## Key points

- AI-driven demand is expected to account for over 50% of the memory market this year.
- Micron plans HBM4E production and multi-year customer agreements, signaling a shift to stable AI-driven growth.
- Memory supply constraints could persist through 2027 or 2028 due to long fabrication cycles.
- Micron’s estimated earnings for 2026 are $18.97 EPS and $33.51 billion revenue, both up significantly year-over-year.
- DA Davidson initiated Micron with a Buy rating and a $1000 price target in April 2024.

**Companies:** Micron Technology
**Countries:** United States

[Read the full story on Benzinga](https://www.benzinga.com/markets/tech/26/05/52248471/whats-going-on-with-micron-technology-stock-monday-3)

---

Canonical: https://newsio.io/n/33725dae-cf8e-4d9f-84fc-5c84fab4d5ca/ai-driven-demand-is-expected-to-exceed-50-of-the-memory-market-this-year-analyst
Summarized by Newsio from Benzinga. https://newsio.io/how-it-works