Replies to post #1774 on Micron Technology (MU)

[JLS]

Valium for MU investors.

As long as memory prices are increasing, there's nothing to worry about.

Easy peasy, keep track of memory prices:

https://pcpartpicker.com/trends/price/memory/

Scroll down the above page.

Don't worry till you see prices flattening, then dropping.

If anything, the current trend is accelerating price increases. The newer electronic gadgets require more and more memory, and it's not the spinning type.

A lot of spinning drives in the cloud are going to get replaced by solid state drives. Newer home computers may soon not have any spinning drives -- just plug in a key, turn the computer on and it instantly boots.

You must of heard of Artificial Intelligence (AI). I think (as one who has had some exposure to AI over the last 30 years) that term is flying around a little too much (being misused) for marketing purposes, but anything that even slightly looks like AI is going to require tons of memory.

What's more, 3D memory requires a lot more layers and extremely precise processing. Screw up one layer -- throw away the whole wafer. That means that new producers have a substantial learning curve. And just as soon as they can deal with 32- or 64-layers, it gets bumped up to 96 then 128 by the leaders in that technology and they already have new applications built around their newly expanded products. And they have more patents.

3D memory has a lot of patents which means that both MU and INTC get royalties from any company using their patents. Makes things more difficult for the competitors.