{"id":122803,"date":"2021-10-13T02:48:51","date_gmt":"2021-10-13T02:48:51","guid":{"rendered":"https:\/\/fin2me.com\/?p=122803"},"modified":"2021-10-13T02:48:51","modified_gmt":"2021-10-13T02:48:51","slug":"micron-stock-drops-after-report-warns-dram-prices-set-to-fall","status":"publish","type":"post","link":"https:\/\/fin2me.com\/markets\/micron-stock-drops-after-report-warns-dram-prices-set-to-fall\/","title":{"rendered":"Micron stock drops after report warns DRAM prices set to fall"},"content":{"rendered":"<h2>Experts warn of security threat over semiconductor chip shortage<\/h2>\n<p>Fox News correspondent Rich Edson says that American allies like Taiwan, South Korea and Japan may lead the world in production, but says China is growing their manufacturing capabilities.<\/p>\n<p>Micron Technology Inc. shares tumbled to a 10.5-month low Tuesday after a report said prices for DRAM memory chips will fall next year as supply is set to outstrip demand.&#xA0;<\/p>\n<p>The Boise, Idaho-based Micron was responsible for 23% of global DRAM revenue in the first quarter of 2021.&#xA0;<\/p>\n<table>\n<thead>\n<tr>\n<th class=\"ticker\">Ticker<\/th>\n<th class=\"security\">Security<\/th>\n<th class=\"last\">Last<\/th>\n<th class=\"change\">Change<\/th>\n<th class=\"percent\">Change %<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>MU<\/td>\n<td>MICRON TECHNOLOGY, INC.<\/td>\n<td>66.72<\/td>\n<td>-2.50<\/td>\n<td>-3.61%<\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&quot;While the buying and selling sides attempt to gain the advantage in future transactions, the DRAM market&#x2019;s movement in 2022 will primarily be determined by suppliers&#x2019; capacity expansion strategies in conjunction with potential growths in demand,&quot; wrote&#xA0;industry research provider TrendForce.<\/p>\n<p>The research firm sees DRAM supplies growing by 17.9% next year, more than offsetting the anticipated 16.3% increase in demand. The combination will shift the market from shortage to surplus.&#xA0;<\/p>\n<p><strong>TESLA&apos;S CHINA SHIPMENTS HIT RECORD IN SEPTEMBER<\/strong><\/p>\n<p>DRAM prices will fall between 3% and 8% during the fourth quarter of this year, and see a sharper drop in the first half of next year, according to TrendForce. Overall, the average selling price for DRAM products will sink by 15% to 20%.&#xA0;<\/p>\n<p>Micron last month warned chip shipments were set to fall in the near term as its customers grappled with a parts shortage.<\/p>\n<p>The company forecast first quarter revenue of between $7.65 billion, plus or minus $200 million, which was below the Refinitiv estimate of&#xA0;$8.57 billion. Earnings per share is expected to be $2.10, plus or minus 10 cents, which missed the $2.33 estimate.&#xA0;<\/p>\n<p><strong><u>GET FOX BUSINESS ON THE GO BY CLICKING HERE<\/u><\/strong><\/p>\n<p>Micron shares were down 7.93% this year through Monday compared with the S&amp;P 500&#x2019;s 16% gain.&#xA0;<\/p>\n<p>Source: <a href=\"https:\/\/www.foxbusiness.com\/markets\/micron-drops-dram-set-to-fall\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Experts warn of security threat over semiconductor chip shortage Fox News correspondent Rich Edson says that American allies like Taiwan, South Korea and Japan may [&#8230;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Micron stock drops after report warns DRAM prices set to fall - Fin2me<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fin2me.com\/markets\/micron-stock-drops-after-report-warns-dram-prices-set-to-fall\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Micron stock drops after report warns DRAM prices set to fall - Fin2me\" \/>\n<meta property=\"og:description\" content=\"Experts warn of security threat over semiconductor chip shortage Fox News correspondent Rich Edson says that American allies like Taiwan, South Korea and Japan may [...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/fin2me.com\/markets\/micron-stock-drops-after-report-warns-dram-prices-set-to-fall\/\" \/>\n<meta property=\"og:site_name\" content=\"Fin2me\" \/>\n<meta property=\"article:published_time\" content=\"2021-10-13T02:48:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/fin2me.com\/wp-content\/uploads\/2018\/07\/105317719-1531134164137rts1vwr4.1910x1000.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1910\" \/>\n\t<meta property=\"og:image:height\" content=\"1000\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Mark\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mark\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/fin2me.com\/markets\/micron-stock-drops-after-report-warns-dram-prices-set-to-fall\/\",\"url\":\"https:\/\/fin2me.com\/markets\/micron-stock-drops-after-report-warns-dram-prices-set-to-fall\/\",\"name\":\"Micron stock drops after report warns DRAM prices set to fall - Fin2me\",\"isPartOf\":{\"@id\":\"https:\/\/fin2me.com\/#website\"},\"datePublished\":\"2021-10-13T02:48:51+00:00\",\"dateModified\":\"2021-10-13T02:48:51+00:00\",\"author\":{\"@id\":\"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a\"},\"breadcrumb\":{\"@id\":\"https:\/\/fin2me.com\/markets\/micron-stock-drops-after-report-warns-dram-prices-set-to-fall\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/fin2me.com\/markets\/micron-stock-drops-after-report-warns-dram-prices-set-to-fall\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/fin2me.com\/markets\/micron-stock-drops-after-report-warns-dram-prices-set-to-fall\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/fin2me.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Markets\",\"item\":\"https:\/\/fin2me.com\/category\/markets\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Micron stock drops after report warns DRAM prices set to fall\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/fin2me.com\/#website\",\"url\":\"https:\/\/fin2me.com\/\",\"name\":\"Fin2me\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/fin2me.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a\",\"name\":\"Mark\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/fin2me.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g\",\"caption\":\"Mark\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Micron stock drops after report warns DRAM prices set to fall - Fin2me","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/fin2me.com\/markets\/micron-stock-drops-after-report-warns-dram-prices-set-to-fall\/","og_locale":"en_US","og_type":"article","og_title":"Micron stock drops after report warns DRAM prices set to fall - Fin2me","og_description":"Experts warn of security threat over semiconductor chip shortage Fox News correspondent Rich Edson says that American allies like Taiwan, South Korea and Japan may [...]","og_url":"https:\/\/fin2me.com\/markets\/micron-stock-drops-after-report-warns-dram-prices-set-to-fall\/","og_site_name":"Fin2me","article_published_time":"2021-10-13T02:48:51+00:00","og_image":[{"width":1910,"height":1000,"url":"https:\/\/fin2me.com\/wp-content\/uploads\/2018\/07\/105317719-1531134164137rts1vwr4.1910x1000.jpg","type":"image\/jpeg"}],"author":"Mark","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Mark","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/fin2me.com\/markets\/micron-stock-drops-after-report-warns-dram-prices-set-to-fall\/","url":"https:\/\/fin2me.com\/markets\/micron-stock-drops-after-report-warns-dram-prices-set-to-fall\/","name":"Micron stock drops after report warns DRAM prices set to fall - Fin2me","isPartOf":{"@id":"https:\/\/fin2me.com\/#website"},"datePublished":"2021-10-13T02:48:51+00:00","dateModified":"2021-10-13T02:48:51+00:00","author":{"@id":"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a"},"breadcrumb":{"@id":"https:\/\/fin2me.com\/markets\/micron-stock-drops-after-report-warns-dram-prices-set-to-fall\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/fin2me.com\/markets\/micron-stock-drops-after-report-warns-dram-prices-set-to-fall\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/fin2me.com\/markets\/micron-stock-drops-after-report-warns-dram-prices-set-to-fall\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/fin2me.com\/"},{"@type":"ListItem","position":2,"name":"Markets","item":"https:\/\/fin2me.com\/category\/markets\/"},{"@type":"ListItem","position":3,"name":"Micron stock drops after report warns DRAM prices set to fall"}]},{"@type":"WebSite","@id":"https:\/\/fin2me.com\/#website","url":"https:\/\/fin2me.com\/","name":"Fin2me","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/fin2me.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a","name":"Mark","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fin2me.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g","caption":"Mark"}}]}},"_links":{"self":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/posts\/122803"}],"collection":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/comments?post=122803"}],"version-history":[{"count":0,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/posts\/122803\/revisions"}],"wp:attachment":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/media?parent=122803"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/categories?post=122803"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/tags?post=122803"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}