11-13-2016, 05:18 AM
Before that, DRAM and NAND maker Micron (MU) beat August quarter estimates and offered above-consensus guidance. The company is benefiting from both improving DRAM and NAND demand, and forecasts long-term annual NAND bit demand growth will be in the low-40s range. Industry data also points to burgeoning NAND demand. In October, prices for 64-gigabit (8GB) multi-level cell (MLC) NAND chips topped $3 for the first time in two years. Such a surge is unusual, as manufacturing process advances improve memory densities and lower per-gigabit production costs over time.
Strong Flash Memory Prices Are Good News for Some Firms, but a Mixed Blessing for Others - TheStreet