SOURCE: The Bedford Report

The Bedford Report

May 27, 2011 08:16 ET

Memory Chip Makers Poised to Profit From Rebounding PC Demand

The Bedford Report Provides Analyst Research on SanDisk and Micron Tech

NEW YORK, NY--(Marketwire - May 27, 2011) - Memory chip makers have seen their top lines spike as mobile demand has grown at a rapid pace. Several industry heavyweights expect the trend to continue as Flash memory has set the industry standard for data storage on smartphones and other portable devices. In addition, there is increased optimism that the Dynamic random-access memory (DRAM) market is turning around. The Bedford Report examines the outlook for companies in the Semiconductor - Memory Chip Industry and provides research reports on SanDisk Corporation (NASDAQ: SNDK) and Micron Technology, Inc. (NASDAQ: MU). Access to the full company reports can be found at:

www.bedfordreport.com/2011-05-SNDK

www.bedfordreport.com/2011-05-MU

DRAMeXchange reported earlier this month that contract prices for DRAM chips increased in the first half of May due to a surge in demand from PC manufacturers. According to DRAMeXchange, PC manufacturers want to increase their shipments to gain further inroads into the market now that Acer's business has been on the decline. Given that demand from PC manufacturers will continue to be strong, prices are likely to increase into the first half of June, DRAMeXchange added.

The Bedford Report releases regular market updates on the Semiconductor - Memory Chip Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.bedfordreport.com and get exclusive access to our numerous analyst reports and industry newsletters.

DRAM chips are a key component in personal computers, while NAND flash chips are critical to portable electronics. DRAMeXchange expects NAND Flash to be oversupplied in May. Second half of 2Q11 NAND Flash contract price will change from the previously steady price and start to decline.

Micron offers NAND and DRAM products. Last month the company announced plans to sell its wafer manufacturing facility in Nishiwaki City, Hyogo, Japan, to Israel-based TowerJazz. The deal has been valued at $140.0 million, of which roughly $40.0 million will be paid in cash and approximately 20 million through TowerJazz ordinary shares.

The Bedford Report provides Analyst Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. The Bedford Report has not been compensated by any of the above-mentioned companies. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at: http://www.bedfordreport.com/disclaimer.

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