| | | That is very good question,
Micron sees strong yield, high speeds on GDDR5X, but will anyone use it? As threaders here know, I as well as others have written quite a lot about Micron. I have followed it closely because it is an outlier in the semi sector in many respects. From a fundamental point of view compared to many other stocks in the SOXM it is a much better value, but no matter, none of that makes a difference in the stock price.
Apparently MU(along with SNDK to some extent) is "tarred and feathered" with the label of a commodity, and we all know that is the "kiss of death" to be labeled as such in this market. Oil, as an example, is getting crushed along with most other commodities at the present time. To some extent then, I can understand the under valuation of MU and SNDK, but it is really not reasonable. It is one thing to pump oil out of the ground or mine for copper and other minerals, but it is quite another to build high tech products in the semiconductor field, where advancing technology steadily advances the state of the art to ever increasing sophistication such as the GDDR5X noted above.
IMO the semi industry will certainly use this new product, but it remains to be seen if this "commodity" will have any effect on the stock price. Micron must be able to produce it, and sell it, in a way to make a profit for the bottom line. Will the other semiconductor memory makers allow them to do that? |
|
