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Toshiba's efforts to lower NAND flash memory production has led to rising contract prices...

Toshiba's efforts to lower NAND flash memory production has led to rising contract prices following huge 1H declines. That's good news for Toshiba partner SanDisk (SNDK +0.7%), as well as rival Micron (MU +1%), though much of it may be baked in for SanDisk following its recent rally. Cirrus Logic's guidance also bodes well for SanDisk and Micron, since it suggests Apple is placing huge component orders ahead of upcoming product launches.
Comments (1)
  • CEO 81
    , contributor
    Comment (1) | Send Message
     
    Simple math. Less supply, higher margins, better bottom line. Micron is the easy winner here in the short and longer term with their leverage.
    2 Aug 2012, 08:15 AM Reply Like
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