Micron’s Adams Says Computer Memory Prices Probably Bottomed
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Micron Technology Inc. President Mark Adams said prices of computer memory have probably hit their lowest after a slump that caused losses at three of the four largest companies in the industry.
In December the Boise, Idaho-based company, the only remaining U.S. maker of dynamic random access memory, or DRAM, reported its second straight quarterly loss as product prices fell amid slowing personal computer orders.