‘Good Time to Be’ in Memory Business, Despite Shortages: Micron CFO
Micron Technology expects tightness in the DRAM market to continue into the “early part” of 2022, Chief Financial Officer David Zinsner told a virtual Barclays investor conference Wednesday. Despite the shortages, “this is a good time to be in the…
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memory and storage business for sure, with markets being pretty healthy across the board,” he said. “There's not a lot of opportunities to even build inventory into a ‘just in case’ model,” he said. “That's going to be the way things operate for at least some time, given the shortages that are somewhat pervasive in semiconductors and in memory specifically.” Inventory levels for now are “in a good place,” and demand “looks super strong for the year,” he said.