DRAM and Flash Memory Trends Continue Showing Signs of Improvement
Recent pricing data, upbeat analyst reports and a guidance hike from a Taiwanese memory maker give fresh reasons to think the memory industry's downturn is nearing an end.
For memory makers whose shares have long been trading at very low multiples, industry trends have become a little more encouraging lately, even if we're still far-removed from the boom times of 2017 and early 2018. DRAM/NAND flash memory giant Micron (MU) rose 4.2% on Wednesday, and NAND/hard drive giant Western Digital (WDC) rose 3.2%, amid a 1.3...
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