Micron doing well

Stefan Mileschin · 25th March 2017, 14:18

Predicts better revenue

Micron has forecast current-quarter revenue and profit far ahead of what the cocaine nose-jobs of Wall Street predicted.

Prices for memory chips are climbing faster than a North Korean missile, supplies are tighter than a Scottish banker and storage chips used in smartphones are more popular than a youtube video of a bunny eating a blueberry.

Micron said on Thursday average selling prices of dynamic random access memory (DRAM) chips jumped 21 percent in the second quarter. They had risen 5 percent in the preceding quarter.

DRAM chips accounted for about 64 percent of Micron's revenue in the latest quarter.

Meanwhile, demand for the company's NAND chips is also thriving, tracking the explosive growth in storage capacity within smartphones.

http://fudzilla.com/news/processors/...ron-doing-well

25th March 2017, 14:18	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 148,797	Micron doing well Predicts better revenue Micron has forecast current-quarter revenue and profit far ahead of what the cocaine nose-jobs of Wall Street predicted. Prices for memory chips are climbing faster than a North Korean missile, supplies are tighter than a Scottish banker and storage chips used in smartphones are more popular than a youtube video of a bunny eating a blueberry. Micron said on Thursday average selling prices of dynamic random access memory (DRAM) chips jumped 21 percent in the second quarter. They had risen 5 percent in the preceding quarter. DRAM chips accounted for about 64 percent of Micron's revenue in the latest quarter. Meanwhile, demand for the company's NAND chips is also thriving, tracking the explosive growth in storage capacity within smartphones. http://fudzilla.com/news/processors/...ron-doing-well

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Micron does better than expected	Stefan Mileschin	WebNews	0	8th October 2016 13:27
Micron: GDDR5X Has Arrived	Stefan Mileschin	WebNews	0	11th February 2016 14:57
Tsinghua did bid for Micron	Stefan Mileschin	WebNews	0	17th July 2015 06:01
Chinese make bid for Micron	Stefan Mileschin	WebNews	0	15th July 2015 09:57
Micron gives its 16-nm NAND a little TLC	Stefan Mileschin	WebNews	0	4th June 2015 08:32
Things look brighter for Micron	Stefan Mileschin	WebNews	0	7th April 2014 06:42
Rambus and Micron settle at last	Stefan Mileschin	WebNews	0	13th December 2013 07:56
Micron first to market with SATA 6G SSD	jmke	WebNews	0	3rd December 2009 13:13
Micron Technology May Take Over Qimonda	jmke	WebNews	0	25th August 2008 15:55
Micron Technology, Inc.'s 4GB DDR	Sidney	WebNews	0	14th June 2004 23:35