Prices of DRAM and NAND flash memory chips plummeted over the past three months. But prices have shown a reversal in the past week and risen.
The average selling price of DRAM chips fell an unusually large 34% in the past three months
This according to Micron Technology, which reported its fiscal first-quarter earnings on Wednesday.
During September, October and November, the average selling price for DRAM memory chips – which are installed in computers – fell an unusually large 34 percent, Micron CFO Ronald Foster said.
Average prices for NAND flash used in digital cameras and iPods dropped an also substantial 24 percent, Foster told analysts on a conference call.
However, in the past five days the company has seen an “uptick” in pricing, he said. This suggests computer makers and distributors don’t have large inventories and need to order again to build products.
Foster did not say whether he expects the rise to continue.
