All articles tagged with #dram prices
Micron Technology has dropped about 11% over the past three months, but Wall Street remains broadly bullish on the memory-chip maker. Analysts expect DRAM and NAND prices to rise this quarter, supporting Micron’s margins and upside driven by data-center and AI demand. However, a surge in memory-capacity from Chinese producers could pressure prices and profits, making the next earnings report a critical test of the bull case.
AMD informed partners of at least a 10% price hike for GPU-memory kits next month, mirroring Nvidia as DRAM costs surge; the move was delayed a month to avoid hurting market share, and the RX 9000-series is expected to bear the brunt as memory prices nearly double, potentially impacting consumers.
Micron shares advance in premarket trading after KeyBanc boosts optimism on longer-term memory deals and pricing for DRAM/NAND, with analysts predicting higher memory prices and strong demand despite near-term competition from SK Hynix. Investors are awaiting Micron’s June 24, 2026 earnings report; the stock holds a Buy consensus with an average target near $516, and MU remains a heavyweight in major ETFs, contributing to the upside backdrop.
Citi lowered Micron's price target to $425 from $510 after DDR5 16GB DRAM prices fell about 6% post-earnings; while weaker near-term pricing pressures persist, AI efficiency and longer-term memory demand could still support upside, as memory makers seek long-term deals with hyperscalers to stabilize prices.
Micron Technology is expected to report a Q2 with revenue growth around 138% and EPS growth above 450%, driven by AI-driven memory demand and firmer DRAM pricing. A potential beat seems likely, but the Q3 guidance and industry cyclicality pose risks, and at ~11x earnings the stock may require a clearer growth slowdown or entry point before investors commit.
Micron's stock surged over 10% after Bernstein analyst Mark Li raised his price target to $330, citing strong Q1 earnings with record revenue and margins, and optimistic forecasts for rising DRAM prices throughout 2026 driven by AI demand and data center growth.
DRAM prices are expected to peak around 2026 due to high demand driven by AI and supply constraints, with prices remaining high until at least 2027. The market is diverging into consumer and enterprise segments, with enterprise memory like HBM experiencing rapid growth and price premiums. Supply chain challenges and long lead times for capacity expansion mean that memory shortages and high prices are likely to persist for several years, benefiting memory vendors financially.