Micron’s pricing power increases

 


【Lansheng Technology News】Memory giant Micron will announce its latest financial report after the market closes on the 27th. In view of Micron’s improved pricing power for DRAM, the market is highly expecting Micron’s profits to further improve, and it is expected that the worst for the industry has passed.


As major memory manufacturers have recently actively reduced production, demand in some markets has strengthened, and demand for AI servers has been particularly strong, resulting in DRAM quotations gradually improving. Micron Chief Financial Officer Mark Murphy previously revealed that if the supply chain continues to maintain self-control, prices are expected to strengthen in the second half of 2023.


Micron's operations are expected to improve, driving the stock price to gradually strengthen. The company's stock price has risen by nearly 40% so far this year. Securities firms including Barclays and Deutsche Bank have raised Micron's investment ratings and target prices.


Barclays brokerage Barclays gave Micron an "overweight" investment rating and raised the target price from US$75 to US$80; Deutsche Bank raised it from "neutral" to "buy" and revised the target price from US$65 to US$85. .


In addition to showing signs of success in operations, Micron has also begun working on the next wave of production expansion. Micron CEO Sanjay Mehrotra previously stated that the semiconductor and packaging industries will begin the next phase of expansion after 2025. In response to the trend, Micron has announced an investment of US$800 million in Sanad, Gujarat, India, to set up a semiconductor packaging and testing factory, which will be the company's first factory in India.


Industry insiders pointed out that although the memory market was affected by factors such as the Russia-Ukraine war, high inflation, the epidemic in mainland China affecting the supply chain, weakening domestic demand in mainland China, and high global interest rates, consumer purchasing power declined and companies cut back on spending. However, DRAM is a key component of intelligence, and applications such as 5G, AI, cloud and China Netcom are still promising in the long term.


In the second half of 2023, there is an opportunity to drive the DRAM memory market demand to recover after terminal inventories are gradually reduced and the impact of inflation has slowed down. DRAM quotations will show an upward trend in the next second quarter.


Lansheng Technology Limited, which is a spot stock distributor of many well-known brands, we have price advantage of the first-hand spot channel, and have technical supports. 

Our main brands: STMicroelectronics, Toshiba, Microchip, Vishay, Marvell, ON Semiconductor, AOS, DIODES, Murata, Samsung, Hyundai/Hynix, Xilinx, Micron, Infinone, Texas Instruments, ADI, Maxim Integrated, NXP, etc

To learn more about our products, services, and capabilities, please visit our website at http://www.lanshengic.com

Comments

Post a Comment

Popular posts from this blog

What are the Benefits of Power Optimizers?

Image
  Power optimizer for solar panels is a DC/DC converter that is connected to each solar panel in the PV system, turning them into smart modules. By constantly monitoring the maximum production capacity of each individual solar module, optimizers can increase your PV plant energy production – potentially increasing revenue and shortening system payback time. Simply put, the main benefit of power optimizer is that it maximizes the performance of each panel individually. What are the benefits of power optimizers and why are they needed? When installing solar panels, the panels are connected into groups or arrays. In the case of roof-mounted and in-roof panels, there are usually 12-20 solar panels in one group. If the productivity of one of these panels decreases (shadows from trees and clouds, dust, bird droppings, failures of PV components and other factors), then the productivity of the whole group decreases. Defective or shaded panels may produce 15 to 25 percent less solar energy ...
Read more

What is a Power Conditioner?

Image
  Looking to protect your sensitive and expensive electronics? Surge protection is a great start, but power conditioners also offer valuable protection for components in entertainment and sound systems, as well as home office devices. What does a power conditioner do that a surge protector can’t? Surge protectors are a great defense against damaging voltage spikes. However more than surges and spikes can effect certain sensitive electronic devices. Radio frequency interference (RFI), electro-magnetic interference (EMI) and voltage fluctuations can also effect sound, entertainment, and office devices, causing a reduction in sound and picture quality. How does it work? Power conditioners act as a buffer between the outlet and your system, smoothing out voltage fluctuations as well as radio and electromagnetic interference that can effect system performance. Initially used in industrial, research and laboratory applications, not long after the introduction of home computer systems, th...
Read more

Intel Ruixuan Graphics DX11 performance update, and launched a new Intel PresentMon\xa0Beta

Image
  【Lansheng Technology Information】Through the release of the latest Game On driver,  Intel  has improved the performance of Intel Ruixuan graphics card running a series of popular DX11 games-bringing an average frame rate increase of about 19% for gamers, and the average About 20% of the 99th Percentile frame rate fluency has been improved. This update opened the prelude to the optimization of Intel Sharp DX11. The above-mentioned games are just the beginning of this optimization. Intel will continue to bring more game experience upgrades to users. Intel  will not stop here, and will continue to optimize Intel Sharp Graphics. The optimization and upgrade of DX11 this time is another proof of Intel's fulfillment of its commitment to players in terms of software optimization and game technology integration. Since the release of desktop graphics cards, Intel has released 30 driver updates, provided 57 new games with Game on optimization support, and provided many other...
Read more