Micron pessimistic: SSD and DRAM prices will rise

The global chip crisis will unfortunately make its impact felt throughout 2022. Due to excessive demand, SSD and DRAM prices are expected to continue to rise in the coming period.
 Micron pessimistic: SSD and DRAM prices will rise
READING NOW Micron pessimistic: SSD and DRAM prices will rise

NAND and DRAM prices, which have started to stretch a little in recent years, have started to increase again, especially with the global chip crisis. It seems that price increases will not stop in parallel with the global chip crisis.

Micron boss spoke pessimistically

Micron boss Sanjay Mehotra stated in a statement that even if the global chip crisis is relatively alleviated, stocks will not return to their old level until 2023. A relief is expected in certain components within 2023. This in turn causes prices to rise.

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Micron plans to invest $150 billion in R&D and manufacturing processes over the next 10 years. Because autonomous vehicle technologies now need components such as a server system. On the other hand, the need for components in server systems is increasing exponentially. With the current production capacity, it will not be possible to meet the demand.

The Micron boss also referred to his meeting with US President Biden. It is also stated that the USA continues its efforts to partner with industry giants such as Micron in order to gain a dominant position in the chip industry, and these efforts are welcomed with different incentives.

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