Musk Calls Out Memory Makers Over "Extortionate" Pricing, Praises Micron

Elon Musk posted on X that Micron has been "reasonable" on future memory prices while rivals have been "extortionate." Micron forecasts roughly 81% gross margin for fiscal Q3 2026, and J.P. Morgan analysts project DRAM supply shortfalls of about 20% in 2026.

• Musk: Micron reasonable on memory pricing, others "extortionate"
• Micron fiscal Q3 2026 gross margin forecast at about 81%
• J.P. Morgan sees DRAM shortfall of ~20% in 2026, 19% in 2027
• HBM market could grow from $64B to $280B by 2028