Micron estimates humanoid robots need over 200 GB DRAM
Quick Look
- Micron reported revenue of $54.23 billion and earnings per share of $33.42 in the fourth quarter of fiscal 2026.
- The company estimates that more than 200 GB of DRAM and several terabytes of NAND storage will be needed for each humanoid robot in 2030, and states that this demand will support memory prices.
AI-generated summary
Why It Matters
Micron, as a major player in the memory market, announced its fourth quarter results for fiscal 2026. The company generates revenue from HBM and traditional DRAM products and evaluates future demands in artificial intelligence and robotics.
Micron announced that humanoid robots will need over 200 GB of DRAM. Details about memory prices and 2027 supply-demand balance are in our news.
Micron strengthened its place in the technology world by announcing its 2026 fiscal year fourth quarter results. The company draws attention especially with its predictions about the memory needs of humanoid robots.
Micron beat market expectations with revenue of $54.23 billion in the fourth quarter of fiscal 2026. The company's adjusted earnings per share were $33.42, up 379 percent year-over-year.
Financial Success and Future Prospects
Micron CFO stated that the first quarter of fiscal 2027 will be a baseline for gross margins. The company expects gross margins to increase throughout the remainder of the year and revenues to rise gradually each quarter.
Acknowledging that HBM technology brings lower margins compared to traditional DRAM, the company has fixed most of its 2027 supply at high prices. This strategy is expected to close the margin gap.
The company has signed 26 multi-year agreements that guarantee more than 35 percent of its expected revenue through 2030. Micron emphasizes that the memory and storage supply-demand balance in 2027 and 2028 will be much tighter compared to 2026.
Despite plans for additional industrial DRAM clean rooms, Micron doesn't have a clear view of when supply and demand will balance. The company plans to spend $25 billion in capital expenditures in the first half of fiscal 2027.
Humanoid Robots Will Shape the Memory Market
Micron believes humanoid robots will be a major driver of memory and storage demand in the future. The company estimates that each humanoid robot will need over 200 GB of DRAM and several terabytes of NAND storage.
According to Morgan Stanley data, annual humanoid robot shipments are expected to be between 250 thousand and 1.2 million units in 2030. It is predicted that these figures may reach 930 million units annually by 2050.
The majority of these expenditures will be allocated to construction projects to increase clean room capacity towards the end of 2028. Micron thinks that this next-generation robotics market will keep memory demand alive even if the artificial intelligence bubble collapses.
This does not paint a very optimistic picture for consumers who expect memory prices to drop in the near future. How do you think the widespread use of humanoid robots will affect memory prices?
What to Watch
AI outlook — possibilities, not facts
In 2030, annual humanoid robot shipments will be between 250 thousand and 1.2 million
Possible · Within years
It is estimated that annual humanoid robot shipments could reach 930 million units in 2050.
Speculative · Within years
Open Questions
- For which robot types is the DRAM estimate above 200 GB valid?
- What are Micron's capacity expansion plans to meet this demand in detail?
- When will the gross margin floor be exceeded in 2027?
