I read it as both, but more bullish for memory suppliers in the near term.
The interesting part is that the “5-7x” comment came from Intel, a buyer complaining about costs, rather than Micron or SK Hynix talking up their own pricing power. That gives the shortage story more credibility.
But 5-7x pricing is also a warning. If memory becomes too expensive, customers delay projects, cut specs or reduce demand. So the next confirmation has to come from MU’s margins and guidance, not just spot prices.
For now, scarcity is helping memory makers. The question is when high prices start destroying demand.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments