$885.01
24h
-5.59%
8 Nov, 03:59
Cautious view on Western Digital storage pricing
Bearish+5.98%
AI Summary
The author shares a memory manufacturer executive's view that memory prices may have peaked, signaling a potentially bearish near-term outlook for the memory semiconductor sector.
Chairman of Winbond Electronics, Chiao Yu-Chun, says he hopes prices for memory have peaked.
When asked by the market whether prices have peaked, he bluntly stated, "I hope they have peaked."
When asked whether memory prices still have room to rise, Chiao Yu-Chun did not offer a specific price peak prediction, but emphasized that he does not want prices to continue to rise sharply, because while AI customers may be able to afford high prices, the general public may not have the same ability.
He believes that memory manufacturers have already made considerable profits from this economic boom, and from a corporate social responsibility perspective, prices should be raised to a reasonable level.
$MU $DRAM $EWY $SKHY $SNDK