Latest news with #NANDFlash
Business Mayor
26-05-2025
- Business
- Business Mayor
AI Demand Fuels Enterprise SSD Growth; 3Q25 NAND Flash Prices Likely to Rise Further
TrendForce's latest investigations reveal that continued AI investments by major North American CSPs are expected to drive a significant increase in enterprise SSD demand in the third quarter of 2025. The enterprise SSD market is likely to shift toward undersupply with finished product inventory levels remaining low, supporting a potential price increase of up to 10% QoQ. TrendForce notes that earlier this year, suppliers adopted a conservative production strategy as they gradually brought the NAND Flash market back into supply-demand balance. However, the introduction of new U.S. reciprocal tariff policies in early April disrupted the market's momentum in Q2 and introduced volatility into price trends. Although some PC manufacturers accelerated shipments in Q2, it failed to substantially boost overall demand for NAND Flash products. Meanwhile, persistent weakness in the retail market has prompted suppliers to tighten capacity controls even further. Nonetheless, demand for storage has recently picked up. This surge is partly driven by the shipment of high-end AI servers such as NVIDIA's GB200, and partly by increased HDD orders since early this year—signaling a broader trend of enterprise infrastructure expansion. Both SSDs and HDDs are expected to benefit from rising enterprise capital expenditures with steady server deployments by CSPs, ushering in a new wave of order growth. For more information on reports and market data from TrendForce's Department of Semiconductor Research, please click here, or email the Sales Department at SR_MI@ For additional insights from TrendForce analysts on the latest tech industry news, trends, and forecasts, please visit READ SOURCE
Yahoo
21-05-2025
- Business
- Yahoo
Here's How Much a $1000 Investment in Micron Made 10 Years Ago Would Be Worth Today
For most investors, how much a stock's price changes over time is important. This factor can impact your investment portfolio as well as help you compare investment results across sectors and industries. Another factor that can influence investors is FOMO, or the fear of missing out, especially with tech giants and popular consumer-facing stocks. What if you'd invested in Micron (MU) ten years ago? It may not have been easy to hold on to MU for all that time, but if you did, how much would your investment be worth today? With that in mind, let's take a look at Micron's main business drivers. Idaho-based Micron Technology has established itself as one of the leading worldwide providers of semiconductor memory global brands, namely Micron, Crucial and Ballistix, Micron manufactures and markets high-performance memory and storage technologies including Dynamic Random Access Memory (DRAM), NAND flash memory, NOR Flash, 3D XPoint memory and other technologies. Its solutions are used in leading-edge computing, consumer, networking and mobile products.A major portion of the revenues is derived from DRAM sales. The company's mission is to be the most efficient and innovative global provider of semiconductor memory reported revenues of $25.1 billion in fiscal 2024. The company has four reportable segments:Compute and Networking Business Unit (CNBU): The unit comprises of DRAM and NOR Flash products that are sold to the computer, networking, graphics, and cloud server markets, and NAND Flash products which are sold into the networking market. CNBU delivered revenues of $9.51 billion (38% of total revenues) in fiscal Business Unit (MBU): The unit comprises Micron's discrete DRAM, discrete NAND and managed NAND (including eMMC and universal flash storage (UFS) solutions) products that are sold to smartphone and other mobile-device markets. MBU generated revenues of $6.35 billion (25%) in fiscal Business Unit (SBU): The unit accounts for solid state drives (SSDs) and component-level solutions sold into enterprise and cloud, client and consumer storage markets as well as other discrete storage products sold in component and wafer forms to the removable storage markets. SBU's revenues grossed $4.59 billion (18%) in fiscal Business Unit (EBU): The unit includes Micron's discrete DRAM, discrete NAND, managed NAND and NOR products, which are sold to the automotive, industrial and consumer markets. EBU's revenues logged $4.61 billion (19%) in fiscal company struggles with intense competition from Intel, Samsung Electronics, SK Hynix, Toshiba Memory and Western Digital Corporation. Anyone can invest, but building a successful investment portfolio takes a combination of a few things: research, patience, and a little bit of risk. So, if you had invested in Micron a decade ago, you're probably feeling pretty good about your investment today. According to our calculations, a $1000 investment made in May 2015 would be worth $3,689.36, or a 268.94% gain, as of May 21, 2025. Investors should keep in mind that this return excludes dividends but includes price appreciation. In comparison, the S&P 500 gained 179.44% and the price of gold went up 162.41% over the same time frame. Analysts are anticipating more upside for MU. Micron's latest quarterly performance underscores its strategic positioning in the rapidly expanding AI-driven memory and storage markets. The positive impact of inventory improvement across multiple end markets is adding to the top-line growth. Surging demand for HBM and robust DRAM pricing recovery will aid significant revenue and earnings growth in coming quarters. Its solid financials, positive free cash flow, and strong balance sheet provide the flexibility to invest in growth initiatives while enhancing shareholder value. Its long-term customer agreements and expanding AI partnerships reduce volatility and enhance revenue visibility. Nonetheless, weakness in NAND pricing due to oversupply conditions and slower-than-expected demand recovery might hurt overall financial performance. An escalating trade war is another concern. The stock has jumped 39.72% over the past four weeks. Additionally, no earnings estimate has gone lower in the past two months, compared to 2 higher, for fiscal 2025; the consensus estimate has moved up as well. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Micron Technology, Inc. (MU) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Reuters
21-03-2025
- Business
- Reuters
Chipmaker Micron's shares slump as tepid margin forecast eclipses AI prospects
March 21 (Reuters) - Micron's (MU.O), opens new tab shares fell 8% on Friday, as its dour margin forecast took the shine off a robust quarterly revenue outlook driven by demand for its semiconductors used in artificial intelligence tasks. Micron, one of only three providers of high-bandwidth memory (HBM) chips for data-intensive generative AI applications, forecast adjusted gross margin below estimates on Thursday, as lower pricing for consumer memory chips hits profitability. After a 1.4% drop in 2024, Micron's shares have gained more than 13% this year as investors bet on improving consumer memory chip pricing and expected the company to benefit from its essential position in AI supply chains. "NAND Flash oversupply remains a drag on margins," Rosenblatt analysts said in a note on Friday, referring to a type of memory chip used in consumer electronics like smartphones and personal computers. Soft end-market demand and aggressive buying by electronics suppliers during the pandemic led to oversupply of the consumer memory chips, resulting in weaker pricing. Micron forecast third-quarter adjusted gross margin of about 36.5%, marginally below analysts' average estimate of 36.9%, according to data compiled by LSEG. The forecast represents a sequential drop of 3 percentage points. "There has been a challenging industry environment in NAND," Micron's chief business officer Sumit Sadana said on Thursday during a post-earnings call. Micron has been cutting back on NAND production, resulting in underutilization which spreads fixed costs over a smaller output, hurting margins. AI DEMAND PERSISTS The ramp-up of HBM production to meet strong demand for its AI memory chips from GPU market leaders like Nvidia (NVDA.O), opens new tab, has also pressured margins. Micron forecast third-quarter revenue above estimates, owing to AI-linked strength. "We see high-bandwidth memory as a key growth driver," Morningstar analysts said, adding that they expect "continued AI and data center demand."
Yahoo
19-03-2025
- Business
- Yahoo
China's top memory chipmaker YMTC to raise prices, alongside US peers Micron, Sandisk
Yangtze Memory Technologies Co (YMTC) and other major memory chip manufacturers, including US peers Micron Technology and Sandisk, are expected to raise their prices next month amid the sector's reduced production and strong demand from the artificial intelligence (AI) market. These memory chipmakers have already informed their distributors, including those in mainland China, of the price increase, according to various industry publications. ZhiTai, a retail brand of solid-state drives (SSDs) and storage cards that use core memory from YMTC, already advised distributors that prices would rise at least 10 per cent from April, according to reports from TMTPost, ChinaFlashMarket and MyDrivers. Do you have questions about the biggest topics and trends from around the world? Get the answers with SCMP Knowledge, our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team. Following flash storage giant Sandisk's announcement of a price hike "in excess of 10 per cent" from April 1, a report by Taiwan's Digitimes this week suggested that YMTC, Micron, Samsung Electronics and SK Hynix would follow suit. These initiatives indicate that NAND Flash memory prices are set to rebound this year. Micron, Samsung and SK Hynix had resumed memory chip production cuts in late 2024 to curb NAND price declines. That move helped stabilise supply-demand balance, according to a report by Taiwan's TechNews. Sandisk's price hike stems from the rise in costs owing to recent tariffs imposed by US President Donald Trump, as well as its confidence in market demand, according to TechNews, which cited an email from Sandisk chief revenue officer Jerald Kagele. Micron, the largest US maker of memory chips, had told its clients earlier this month that an average price increase of 11 per cent would be charged for new orders, according to Digitimes. A bird's-eye view of Micron Technology's headquarters and main production facility in Boise, Idaho. Photo: Shutterstock alt=A bird's-eye view of Micron Technology's headquarters and main production facility in Boise, Idaho. Photo: Shutterstock> YMTC, Micron and Sandisk did not immediately respond to a request for comment on Wednesday. Factors that contributed to the memory chip sector's price hike include output reduction and the rapid adoption of AI applications, which require massive use of these chips, according to Arisa Liu, research fellow and chief director of Taiwan Industry Economics Services. Liu said that suppliers of NAND Flash memory, used in storage cards and SSDs, cut production to stabilise prices "in response to the market downturn over a certain period". She added that incidents like a power outage at Micron's NAND Flash factory in Singapore in January contributed to the sector's limited output. "With the rapid development of AI applications, the demand for NAND Flash has increased significantly," she said. "Additionally, China's large-scale replacement and subsidy policies have led to a recovery in the demand for smartphones and personal computers, which also impacts the demand for NAND Flash." To stimulate domestic spending on electronic devices and home appliances, Beijing revamped its consumer products trade-in programme. A 15 per cent subsidy, for example, is provided for purchases of digital products - including smartphones, tablets and smartwatches - that cost under 6,000 yuan (US$830). South Korean memory chip giants Samsung and SK Hynix have also been upgrading old NAND Flash production lines since late last year. That also had an impact on reducing the memory chip sector's production volume, according to local media ETNews. Pua Khein-seng, inventor of the USB flash drive and chief executive of Taiwan-based Phison Electronics, revealed earlier this month at an industry meeting that Micron did not deliver enough goods to cover its December order, according to a report by TMTPost. This article originally appeared in the South China Morning Post (SCMP), the most authoritative voice reporting on China and Asia for more than a century. For more SCMP stories, please explore the SCMP app or visit the SCMP's Facebook and Twitter pages. Copyright © 2025 South China Morning Post Publishers Ltd. All rights reserved. Copyright (c) 2025. South China Morning Post Publishers Ltd. All rights reserved. Sign in to access your portfolio
South China Morning Post
19-03-2025
- Business
- South China Morning Post
China's top memory chipmaker YMTC to raise prices, alongside US peers Micron, Sandisk
Advertisement These memory chipmakers have already informed their distributors, including those in mainland China, of the price increase, according to various industry publications. ZhiTai, a retail brand of solid-state drives (SSDs) and storage cards that use core memory from YMTC, already advised distributors that prices would rise at least 10 per cent from April, according to reports from TMTPost, ChinaFlashMarket and MyDrivers. Following flash storage giant Sandisk's announcement of a price hike 'in excess of 10 per cent' from April 1, a report by Taiwan's Digitimes this week suggested that YMTC, Micron, Samsung Electronics and SK Hynix would follow suit. These initiatives indicate that NAND Flash memory prices are set to rebound this year. Advertisement Micron, Samsung and SK Hynix had resumed memory chip production cuts in late 2024 to curb NAND price declines. That move helped stabilise supply-demand balance, according to a report by Taiwan's TechNews.
