MU Wade, Demand for Dram chips is expected to continue to slightly exceed the supply of them for the coming year, 2018. With that, I expect prices to hold firm with an upward bias. 2019 is more of a question mark because it is unclear how much capacity will be added from China and elsewhere although demand is expected to remain strong. With that, I think the end of the upward cycle is still at least a year away.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.