
Co-Founder & CEO @FluenceMGMT | Talking Stocks & Crypto Daily
Joined January 2021
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$MU fell below $1,000 today following reports that China's CXMT is developing new server memory technology that could pack more memory into smaller chips.
The concern? Increased competition could put downward pressure on DRAM pricing over time.
However, there's an important distinction here.
CXMT has announced progress and plans to launch products by year-end, but that DOES NOT mean they've proven they can manufacture these chips at scale.
This is a potential longer-term competitive threat to Micron, NOT necessarily an immediate threat to its HBM business, which continues to benefit from AI demand.



