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DRAM stocks moving as Samsung prepares to raise Q4 prices

Published 08/14/2017, 09:38 AM
© Reuters.  DRAM stocks moving as Samsung prepares to raise Q4 prices
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  • Notable Calls cites an Economic Daily News report that Samsung (KS:005930) (OTC:SSNNF, OTC:SSNLF) will raise mobile DRAM prices by 10% to 20% in Q4 versus the flat pricing in Q3.
  • Other key DRAM players: SK Hynix (OTC:HXSCF, OTC:HXSCL) shares are up over 6%, Nanya shares up 3%, and Micron (NASDAQ:MU) shares up 0.04%.
  • DRAM pricing tends to go up around the holiday season but this year will have a tighter supply due to Micron's two-week plant shutdown in July, which might have reduced supply by 50K wafers.
  • Previously: DRAM prices expected to keep rising in 2H17 (Aug. 11)
  • Now read: Micron And Intel (NASDAQ:INTC): The AI And Security Play Of The Century


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