Micron’s New Management: What Are The Plans?

Micron Technology (MU) is enjoying a strong market environment, especially in the DRAM (dynamic random access memory) market, which is driving its stock and earnings. The company has been guiding that an oversupply situation will continue in the DRAM market in 2018, with the DRAM industry supply expected to grow 20% and demand expected to grow more than 20%. The 20% supply includes new capacity being introduced by competitors Samsung (SSNLF) and SK Hynix.