BofA drops a solid memory update this week — SK Hynix buyback, firmer spot prices, and a Korea tech tour coming up.
DRAM spots have been steady for over two months now. Most chips ticked up low-single digits again. Contract pricing looks solid heading into Q3.
NAND bounced harder than expected. Module makers and OEMs are placing orders ahead of new product cycles.
The setup still points to demand running ahead of supply. Spot strength holding, order flow constructive. Classic tight-supply cycle behavior.
$MU $SKHY
DRAM spots have been steady for over two months now. Most chips ticked up low-single digits again. Contract pricing looks solid heading into Q3.
NAND bounced harder than expected. Module makers and OEMs are placing orders ahead of new product cycles.
The setup still points to demand running ahead of supply. Spot strength holding, order flow constructive. Classic tight-supply cycle behavior.
$MU $SKHY
