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Technology Stocks : Micron Only Forum
MU 226.65-3.2%Dec 4 3:59 PM EST

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To: TREND1 who wrote (41168)12/2/1998 9:57:00 AM
From: DJBEINO   of 53903
 
DRAM Chip Market On The Upswing

In a reversal of the industry's trend in recent years, prices of DRAM chips have been maintaining their bullish trend, according to industry sources Wednesday. The unit price of semiconductor products had showed overall declines in the U.S. software market after the Comdex Show held every year, usually in November - a trend which also affected the DRAM market. This year, however, demand has remained strong because DRAM chips are needed in upgrading software to cover the Y2K bug. The price of Asychronous 64-mega byte DRAM chips has gone up to US$12 - 13.25 and 16-mega byte chips are up to US$3.75 - 4.75, the sources said.
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