The (https://www.cnbc.com/2026/06/26/ai-memory-chip-shortage-consumer-electronics-prices.html) and retail is getting squeezed on laptops and phones. But here's the forensic problem: $MU is posting -1.2% net margins with a 2.8% ROIC on $54.9B annual revenue. If memory was actually scarce *with pricing power*, those numbers would be flipping green, not deeper into red.

Research these companies