TrendForce: Chinese antitrust officials meet with Micron about DRAM prices [Seeking Alpha]
Micron Technology, Inc. (MU)
Last micron technology, inc. earnings: 3/25 04:01 pm
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Source: Seeking Alpha
TrendForce: Chinese antitrust officials meet with Micron about DRAM pricesAntitrust officials from China’s Anti-Monopoly Bureau of Ministry of Commerce met with Micron Technology (NASDAQ:MU) yesterday to “express concerns” about continued price increases for PC DRAM products.The report comes fromTrendForce’s DRAMeXchange.China is the largest importer of memory products and thus is more vulnerable to DRAM price shifts. China has worked to build up its domestic DRAM and NAND Flash industries and that’s likely to ramp with the continued trade tensions with the US.Samsung (OTC:SSNNF,OTC:SSNLF), SK Hynix (OTC:HXSCF,OTC:HXSCL), and Micron hold 44.9%, 27.9%, and 22.6% of the DRAM market.Micron shares aredown 1.6% premarket to $61.49.Previously:Micron still trading higher on analyst day, $10B share repurchase (May 24)Click to subscribe to real-time analytics on HXSCFNow read:Shareholders Can Still Act On Micron Technologies »
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MU
Earnings
- 3/20/24 - Beat
MU
Sec Filings
- 4/23/24 - Form 4
- 4/22/24 - Form 4
- 4/19/24 - Form 8-K
- MU's page on the SEC website