Micron's dominance threatened by pursuit from Chinese firms
MU Micron Technology Inc
$878.84 -5.63%
View chart & analysis → - 1Micron (MU) saw its stock price surge nearly 220% this year due to AI demand and limited competition, but threats from Chinese firms are being raised
- 2YMTC ranks 5th in NAND sales, and CXMT is scheduled to release denser new DRAM by the end of the year
- 3DRAM accounts for 73% of Micron's revenue, and analysis suggests low-cost Chinese products could weaken pricing power and market dominance
So what's the key point?
Micron's stock price has risen significantly this year, but Chinese semiconductor companies are catching up. Since 73% of Micron's revenue comes from DRAM, cheap products from China could reduce its influence over prices.
Source The Motley Fool +1 · View original ↗
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