Micron has started to raise NAND prices, analysts says
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Micron Technology (NASDAQ:MU) has started to raise NAND flash wafer contract prices, which should help the company's second-half earnings, a widely watched analyst said on Tuesday.
TF International Securities analyst Ming-Chi Kuo tweeted that the Boise, Idaho-based company raised the prices by roughly 10% this month, after Samsung (OTCPK:SSNLF), its largest competitor in the memory market, did the same last month.

In addition, Kuo said that Micron (MU) should start to benefit from three trends aiding dynamic random access memory as soon as the fourth-quarter, due in part to Intel's (INTC) new Meter Lake platform "accelerating" the growth for DDR 5 memory, a rise in high-bandwidth memory shipments due to the rise of AI servers and companies promoting large language models on devices to facilitate certain upgrades.
Micron (MU) shares were fractionally higher in mid-day trading on Monday.


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