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Micron Projects Tightening RAM Shortages Through 2028 As It Generates Record Profit

1 week 4 days ago
Micron says the global RAM and storage shortage will tighten further through 2027 and 2028, with CEO Sanjay Mehrotra saying the company has already sold most of next year's capacity. "In calendar 2027 as well as 2028, we see demand exceeding supply. In fact, we see greater tightness in the industry in 2027 and in 2028 versus 2026. Overall, supply-demand environment is only getting tighter," Mehrotra said. "We do not have line of sight to when supply and demand will return to balance." As a result, the company is forecasting record revenue and an 86.25% gross margin. Tom's Hardware reports: The memory and storage industry is not holding back on increasing production, though, with Micron saying that NAND and DRAM shipments are expected to grow in the low-to-mid 20s percentage range for the next two years. However, it seems that this is not enough to match growing demand, as it expects "the industry to remain supply constrained in both years." Still, it seems that manufacturers are prioritizing HBM demand for AI data centers, with the company expecting shipments of these chips to grow faster than conventional DRAM. Micron and other chip manufacturers are bringing new factories online to increase output, but it's going to take years before they can start producing chips. But even as we're amid an unprecedented multi-year memory chip shortage, Micron also announced record financial guidance. It forecasted a record $61.5 billion FQ1 revenue and a gross margin of 86.25%, implying a gross profit of more than $53 billion. After accounting for an estimated $2.06 billion in operating expenses and a tax rate of around 15.5%, the company said its earnings per share sit at $38.15, plus or minus $1.00, for approximately 1.15 billion shares.

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Cops Can Bypass iPhone's Automatic Reboot To Get Into Locked Phones

1 week 4 days ago
An anonymous reader quotes a report from 404 Media: A company that makes phone hacking devices claims to have developed a solution that freezes iPhones in a state that lets cops more easily access sensitive data inside them, according to a video obtained by 404 Media. [...] The new technology to get around inactivity reboot was developed by Magnet Forensics, the company behind GrayKey, a popular tool sold to law enforcement agencies that allows them to unlock and access data stored in iPhones and Android smartphones. Magnet has developed a new device called GrayKey Preserve and a feature for its regular GrayKey devices called Evidence Preservation Mode, according to the video. "This is an absolute game changer for iOS forensics and a function that I wish we had years ago," a Magnet employee says in the leaked video, specifically mentioning that the solution is targeted at the iPhone's inactivity reboot feature and the data it makes unavailable. GrayKey Preserve and Evidence Preservation Mode are also designed to combat another iPhone feature that automatically deletes certain data -- such as cached locations, and recently deleted photos and iMessages -- after a certain number of days. "We're gonna be able to preserve that data for an infinite amount of time." [...] 404 Media shared a transcript of the video with Jiska Classen, a researcher at the Hasso Plattner Institute who studies iPhone security. While Classen said that it's impossible to know for sure how Magnet's new feature works based on the video, she posited some theories and agreed that it is "quite a game changer" or "at least puts things back to where they were before inactivity reboot." She thinks Magnet has found a way to manipulate the iPhone's clock, effectively "slowing down time" or even "stopping the clock from ticking, even after a reboot." Most likely, according to her, the GrayKey may disable the iPhone tasks that set data to expire. The "inactivity reboot" feature mentioned above was added to iOS in November 2024 and automatically restarts iPhones that have not been unlocked for 72 hours, making them harder for police to access using forensic tools.

Read more of this story at Slashdot.

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