Micron Shares to Rise Further, Wedbush's Bryson Says

The transcript discusses management's insights on the DRAM and memory market, highlighting tightness in certain areas and a potential bottoming of the cycle. It covers CapEx strategies, emphasizing a conservative approach due to market uncertainties. The discussion also touches on memory chip pricing, driven by demand from gaming consoles and 5G handsets. Finally, it provides an outlook on Micron's share price, suggesting potential growth based on market cycles and gross margin expectations.

What are the key observations made by management regarding the current state of DRAM?

How does management view the pricing trends in the memory market?

What factors are influencing the CapEx outlook according to the management?

What signs indicate that the memory chip prices may have hit a bottom?

What is the expected price target for Micron shares and what factors could influence this estimate?