IDC breaks with the cycle myth – Micron delivers the fitting 245-TB SSD!

IDC declares the memory chip cycle overcome – AI demand makes DRAM and NAND a growth market with new pricing power. Micron benefits doubly: as a DRAM and NAND manufacturer with a moderate valuation despite a 600% rally. This time is different Micron's stock rises about 12% on Tuesday – triggered by a report from market research firm IDC, which directly addresses one of the central concerns of Micron skeptics. Until now, the memory chip market was considered reliably cyclical: booms are followed by busts, and overcapacities lead to price...