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Technology Stocks : Micron Only Forum
MU 258.46-2.0%Dec 11 3:59 PM EST

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To: TREND1 who wrote (51438)6/12/2000 3:20:00 PM
From: DJBEINO   of 53903
 
Semiconductor Prices Surge Toward $8 Range Per Product
International semiconductor prices are on a steady rise, with the value of 64 megabit DRAMs hovering near the $8 level.

Industry watchers said on Saturday that the value of the benchmark 8 x 8, 64 megabit SDRAMs PC-100 chips stood at $7.43-7.88 per chip on Friday, up by 2.48% from the previous day. The value of 8 x 16, 128 megabit SDRAMs were also up by 4.06% to $13.85-14.68 per chip.

In spite of rising prices, inventory is running low, and the value of semiconductors is expected to rise to $9-10 per product during the latter half of the year.

U.S. market research institution, Data Quest, recently released statistics which showed that the world DRAM market will see a 40% increase this year to $36.5 billion, and expand to $58.8 billion in 2001
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