Samsung stated on July 30 that memory shortages could worsen in 2027 and persist into 2028. This warning reinforces Micron Technology's pricing outlook and exposes potential supply constraints for NVIDIA. Boosted by this news, Micron's stock jumped 18.4% on the day, restoring market confidence in the memory cycle. Samsung has signed supply agreements with the world's top five hyperscale data center companies and plans to place approximately two-thirds of its long-term memory production under contracts of at least five years, typically including upfront payments and price floors. Micron has adopted a similar strategy, disclosing 16 strategic customer agreements on June 24, covering about 20% of its DRAM and one-third of its NAND production until 2030. For NVIDIA, tight supply of advanced memory (such as HBM4) could slow its system shipments, even with strong accelerator orders. However, NVIDIA is somewhat protected by its multi-vendor strategy.