Micron’s Weak Outlook And Slow Recovery Timeframe: Potential Headwinds


  • Micron expects negative DRAM and flat NAND growth in 2023 in contrast to Samsung and SK hynix, which see positive growth for both.
  • Although Micron is the DRAM and NAND technology leader, bit shipments of its memory chips were negative in the past quarter, which underperformed peers.
  • Inventory oversupply at PC/smartphone customers is now intensifying in datacenters and industrial sectors of memory chips with only automotive chips secure so far.
Concept of hard work for businessman pushing rock up a hill


With both Samsung Electronics (OTCPK:SSNLF) and SK hynix reporting Q4 earnings in the past week following Micron’s (NASDAQ:MU) F1Q2023 earnings a month earlier, this article analyzes DRAM and NAND results for each company, and presents their capex strategies as

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

This free article presents my analysis of this semiconductor sector. A more detailed analysis is available on my Marketplace newsletter site Semiconductor Deep Dive. You can learn more about it here and start a risk free 2 week trial now.

Leave a Reply

Your email address will not be published. Required fields are marked *