Kirk's Market Thoughts Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Kirk's Market Thoughts

COHR 139.28

-0.5%

Nov 14 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Kirk © who wrote (4194)	7/19/2016 12:56:53 PM
From: robert b furman	Read Replies (1) of 26518

Hi Kirk, When Cypress semi bought out Spansion (March of 2015) - they discovered a much larger inventory of memory than they expected. It has taken till this quarter for them to slow their own production in an effort to burn through the inventory). TJ said this current quarter would hopefully end the slow consumption of excess inventory. If so they can once again resume a higher level of fab utilization. There seems to be a clear trend of memory makers having slow inventory turns and freezing their working capital. My suspicion is Micron has encountered a similar condition. Why pay for excess inventory and have it impact your business when delaying the acquisition comes out of the hide of the BK company. Bob

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next