Elon Musk dismissed an estimate that humanoid robots will use about 0.04% of 2026 DRAM output, saying robot memory needs will exceed everything else on Earth. Counterpoint Research projects humanoid-robot DRAM demand will rise about 20x by 2030. The article argues robots won't move Micron's results for years, but a large new buyer late in the decade could keep memory scarce longer, while consensus expects Micron's gross margin to slide from 87.0% in fiscal 2027 to 65.5% in fiscal 2030. Micron trades at 5.3x forward earnings, less than half its 12x average over the last three years. It also notes Micron, its rivals and China's CXMT are adding capacity in 2027 and 2028, and memory has gone bust before.
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MicronsemiconductorsElon Muskrobotics
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▲ Likely positiveTesla, Inc.
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Automobile Manufacturers |
| Market cap | $1.5T |
| Close on 10/28/2026 | 404.22 |
| Change that session | -0.80% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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