Elon Musk Expresses Gratitude to Micron Technology During Tesla Earnings Call
During Tesla’s Q2 earnings call, CEO Elon Musk publicly thanked Micron Technology twice for its support in supplying critical memory chips. This is notable because the global shortage of DRAM and HBM has driven prices up significantly due to high demand from AI applications. Micron, one of only three major providers alongside Samsung and SK Hynix, plays a crucial role in meeting this demand. Musk highlighted that securing chip allocations amid tight supply chains was challenging for Tesla but praised Micron for providing significant support on reasonable terms despite the rising costs. This acknowledgment suggests strong collaboration between Tesla and Micron as both companies navigate ongoing semiconductor shortages affecting multiple industries including automotive, computing, and consumer electronics.
Topics: AI demand memory chips Micron Technology Tesla