The new family of memory devices launched by Micron contains chips that have been heralded as the fastest of their kind to date, a significant breakthrough for the tech company which has long proven to be one of the leaders in the industry. The dynamic random accessing memory products can be used in high end memory modules, graphics applications, and networking applications. The official effective speed of the chips is 2133MHz and the physical clock speed is 1066MHz. for those of you who don't know what these numbers mean, know this: this is significantly higher than industry standards to date. This is an innovation that shows that Micron is dedicated to meeting the current needs of the consumer population. At present, there is a growing need from enterprising and cloud networking storage customers that is met by Micron's broad memory product line and the new offerings that it has introduced to the market.
During the development process, Micron worked closely with Advanced Micro Devices (NASDAQ:AMD) and LSI in the manufacturing of the chips. Consequently these are the two companies that are at the head of the queue to purchase the chips and use them in their devices. Micron will be providing these companies, and other buyers who are interested, with cost effective and high volume production of the new DDR3 chips. This will effectively and efficiently meet the needs of the ever demanding chip market. If big names such as these are willing to invest in the chip I feel that it is a good recommendation. The effect that this will have on the stock will most likely be small, but it is just one of the many innovations from Micron that keeps the tech stock well ahead of the game.
Samples of the new chips are available for any investors who take their research into stocks seriously. The coming summer will see an increase in volume production of the chips.
We need to keep in mind that although this is a significant step for Micron, it is unlikely that these chips will represent a niche for long. In other words, the competition will probably soon catch up with Micron and start introducing its own faster and better DDR3 chips to the market. And many investors with an understanding of how these things work will tell you that the methods used to create the fast chips are not that complicated. It will not be long, I fear, before Micron may be overshadowed by a competitor with the ability to take it one step further.
Micron competitors Advanced Micro Devices, ARM Holdings (NASDAQ:ARMH), MediaTek (NYSEARCA:MTK) and Texas Instruments (NASDAQ:TXN) have formed a consortium to promote heterogeneous computing. These are technological giants in the industry and I feel that collaboration between them will probably result in success. The four companies together hope to discover the true performance and power efficiency in Graphic Processing Units. Together the companies form the Heterogeneous System Architecture (HSA) Foundation and they are working together to promote heterogeneous computing at no profit to themselves, as they have identified the need to move forward in this domain.
This coalition could present a serious problem to Intel (NASDAQ:INTC). However this major player in the industry has set its sights on entering the smart phone market in earnest, and this could be the play that keeps it ahead of its competitors. Intel is not traditionally a smart phone manufacturer, but due to the growing interest in smart phones by the general populace, it is probably a great move on the company's part to try and get involved. It's had a very late start in comparison to other companies, however. Despite this, the chip manufacturer remains optimistic about its chances of success.
Broadcom (NASDAQ:BRCM) is well ahead of the game. Recently it announced that it has created the very first System on a Chip (SoC) devices to deliver the potential of 5G WiFi with high-bandwidth Gigabit connectivity. This is a milestone in the industry as no other chip maker has managed to achieve this as yet. This is a significant win for the company as it will now become known as the source of the fastest and most reliable connectivity in homes and small businesses as it is significantly faster than existing solutions.
IBM (NYSE:IBM) is addressing a growing concern faced by the government: that of mobile apps. Mobile apps are becoming a more and more essential aspect of modern life and optimal functioning is often not possible without them. However, apps often open up doors for security breaches, something that is not in anyone's best interests. IBM has introduced a software portfolio that may increase the safety and security of mobile apps used by the government significantly. With this package, organizations can now test apps for safety themselves without having to use a middle man.
As tech stocks go, Micron Technology is one of the best options that we have. The company is an innovator in the field, which is something that investors should look out for in tech stocks. With the advent of the DDR3 chip, which is the fastest one to date, Micron has successfully marked itself out as a leader. Although it always is difficult to assess in any definitive manner where a stock is heading, I feel that Micron is one well worth keeping an eye on. I think that overall its future looks bright and that there is a great deal of room for growth. Get on board while you can and watch the innovations continue to roll out.