Micron doing well

Stefan Mileschin · 25th March 2017, 15:18

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, 15:18	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 153,514	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

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