12-22-2016, 11:10 AM
Micron (MU) came out with interesting figures blowing past earnings and guidance.
I told Durcan that Barron’s last year called Micron potentially one of the most valuable semiconductor companies, but only if it moves away from commodity parts and becomes a leader in more advanced types of chips, for things such as cloud computing and machine learning.
Said Durcan, I think that’s certainly my vision. We have the opportunity, it doesn’t happen overnight, but I do believe that the memory industry will decommoditize over time. We are serving a lot of end segments now where we are delivering subsystems, with controller functionality or processing capabilities, with value-added software and firmware. I believe we will continue to see that trend grow. Memory really will be a very interesting and dynamic market place, as we not only grow the bits we are selling, but change the nature of the products we are providing, so that they are much more intimately designed with customers and there’s much more value-add, and we become a lot more sticky to our customers.
Micron Surges 10%: CEO Durcan Sees a Path Out of Commodity Status - Tech Trader Daily - Barrons.com