DRAM contract prices for the first half of May, which were only recently settled, rose 5%...

|By:, SA News Editor

DRAM contract prices for the first half of May, which were only recently settled, rose 5% sequentially, according to DRAMeXchange. However, the increase was smaller than suppliers were hoping, as softening PC demand gave OEMs negotiating power. Micron (MU -1.1%), which is looking to buy bankrupt rival Elpida, rallied earlier this year on optimism regarding stabilizing DRAM prices, but has since given back its gains.