Micron (MU) CEO Mark Durcan predicts NAND flash memory prices, clobbered earlier this year, will...

|About: Micron Technology Inc. (MU)|By:, SA News Editor

Micron (MU) CEO Mark Durcan predicts NAND flash memory prices, clobbered earlier this year, will begin rising in early 2013. Investors in Micron and rival SanDisk (SNDK) are hoping production cuts and new smartphone/tablet/ultrabook launches will keep prices healthy in the interim. Durcan is less positive on DRAM - he expects DRAM prices, hurt by slumping PC demand, to be soft near-term (previous) after rallying in 1H.