Seeking Alpha

Micron, SanDisk slip; Hynix plant to reportedly be operational next month

  • MKM reports the Wuxi, China SK Hynix (HXSCL) DRAM plant that was badly damaged in a September fire will be operational by mid-January, well ahead of the mid-2014 timeframe forecast by others.
  • Micron (MU -2.1%) is slipping, as is SanDisk (SNDK -1.5%), which benefits when NAND flash capacity gets reallocated to deal with DRAM shortages.
  • Micron and SanDisk rallied on Monday amid a flurry of positive DRAM sales, pricing, and supply-related news.
  • Samsung (SSNLF, SSNGY), the world's largest DRAM manufacturer (37.1% Q3 share per DRAMeXchange), fell 1.4% overnight in Seoul. Hynix rose 0.8%.
Comments (7)
  • same123
    , contributor
    Comments (92) | Send Message
     
    Well ahead, are you kidding hynix has been lying since the fire started. They said would have been operational already months ago.
    So NO not ahead of schedule.
    11 Dec 2013, 11:02 AM Reply Like
  • Copious28
    , contributor
    Comments (368) | Send Message
     
    Depends on your definition of "operational".
    11 Dec 2013, 11:48 AM Reply Like
  • Randal James
    , contributor
    Comments (2327) | Send Message
     
    Oh great, now we've got to hire Hank The Pyro... again.
    11 Dec 2013, 11:19 AM Reply Like
  • maxv
    , contributor
    Comment (1) | Send Message
     
    Operational meaning...? Exactly. Full production? doubt it.
    11 Dec 2013, 12:00 PM Reply Like
  • i_am_seeker_2
    , contributor
    Comments (418) | Send Message
     
    Pretty hilarious, actually. MKM has been completely wrong on Micron for years now, bullish when it was going down and bearish or neutral when it goes up. They are a joke.

     

    And Notable Calls has been one of its main outlets for its prescient predictions. The effect lasts a day or two at the most; a good way to make money is to fade the calls.
    11 Dec 2013, 12:00 PM Reply Like
  • Jaret Wilson
    , contributor
    Comments (791) | Send Message
     
    Even if this is true (which I wouldn't count on) what will the yields be like at that point? And how long long will it take those new wafers to get from raw wafer to packaged and tested chips that are on the market? (3 months or so?) And how much will demand have escalated by then?
    11 Dec 2013, 01:24 PM Reply Like
  • patt2374
    , contributor
    Comments (536) | Send Message
     
    Are all equity analysts and reporters BIPOLAR AND NOT ON MEDICATION?

     

    The markets reaction to this news is shear mania. It will be 4 to 6 months before they have their quality control testing done and be ready with market ready wafers BEST CASE SCENARIO!!!!!

     

    ( My heart felt apologies to anyone who is actually bipolar or has friends or family who is as I do- it is a horrible disease and the reason I use it is it is the perfect example to demonstrate the severe emotional over reaction and mood swings every tidbit of news gets on Wall Street without digging into the actual facts because that would require real work which 99% of analysts are just not willing to do and yet they exert so much influence over the investors plight)
    11 Dec 2013, 02:04 PM Reply Like
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