Silicon Investor (SI) -- The First Internet Community

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.

Technology Stocks : Rambus (RMBS) - Eagle or Penguin -- Ignore unavailable to you. Want to Upgrade?

To: gnuman who wrote (67533)	3/12/2001 6:34:12 PM
From: Don Green	Read Replies (1) \| Respond to of 93625

Micron CEO hints that DRAM growth will slow sharply in 2001 By Jeanne Graham, EBN Mar 12, 2001 (2:05 PM) URL: ebnews.com SCOTTSDALE, Ariz. -- The chief executive of Micron Technology Inc. broadly hinted here today that the growth in demand for DRAM will fall far short of previous years. During the last ten years, Micron has used improvements in process technology to maintain an average increase of bit-per-square-inch of silicon of about 45%. Consequently, Micron does not add capacity until it expects bit demand growth rates exceeding 45% Steve Appleton, CEO, president and chairman of Micron. "If the market is going to grow by less than 45%, you don't need to add silicon," Appleton told a group of industry executives here this morning in the keynote address for Semico Summit 2001. Micron has put the brakes on wafer capacity expansions this year, including its plans to activate a 300mm line in Lehi, Utah. Bit demand growth has been in the range of 90% in recent years, so Appleton's statement would seem to indicate a dramatic slowing in the growth in demand this year. Asked about his statement later, Appleton declined to predict a precise figure for bit demand growth. In his speech, Appleton noted that Micron is now often listed as one of the three largest memory makers, along with Hyundai and Samsung. "I don't care who's the largest," he said. "We care about being the most efficient."