Reported 8 months ago
A fire broke out at Taiwan Micron's Plant 1 (Houli Plant) on June 20, 2024, with gas leakage and white smoke reported, but was quickly extinguished by on-site personnel before the fire department arrived, and no injuries were reported. The cause of the fire is yet to be determined, with Micron yet to provide an official response until 9:30 PM. The impact of the fire on DRAM prices remains uncertain, as current spot prices are stable, albeit different from contract prices due to slow end-demand recovery. Micron, accounting for 19.2% of the global DRAM market alongside Samsung and SK Hynix, remains a key player in the industry, with ongoing advancements in memory technologies and successful product developments like the HBM3E expected to boost market share. Analysts anticipate positive financial results for Micron's upcoming earnings announcement on June 26, 2024, considering the overall shortage in memory supply in 2024 and 2025 due to a lack of new investments in smart device permanent storage capacities.
Source: YAHOO