Elon Musk thanked Micron Technology twice during Tesla’s Q2 2026 earnings call on July 23, describing the supplier’s memory chip allocation as very significant and current pricing as pretty insane. Musk also thanked TSMC and Samsung during the call, emphasizing that Tesla has secured supply at reasonable terms while competitors may struggle to obtain allocations. Tesla’s AI ambitions, spanning custom chip development, the Optimus humanoid robot, and the Robotaxi fleet, are driving intense demand for DRAM and HBM memory. This scarcity extends beyond Tesla, affecting data centers, other automakers, and cryptocurrency mining operations that rely on the same constrained pool of advanced semiconductors.
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