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This Year is not a good time to assemble a New PC, says Micron CEO

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Micron

The price and performance ratio is even worse than buying a branded machine.

Micron Technology Inc. is known for there DRAM memory chips and storage units. The company is required to supply more memory chips in the current semiconductor shortage.

As work from home has become the new norm for most people, the data center, cloud, and PC customers’ needs continue to grow. Micron is working hard to meet all demands and orders.

During the fiscal 2021 second-quarter update, the company is reportedly working it’s operating near full capacity to stay up with its customers’ needs as effects from the pandemic and surging demand for electronic devices have sales back in solid growth mode.

In recent months, the production of everything from automobiles to smartphones has been affected by a worldwide shortage of semiconductors — the building blocks of all things electronic.

The COVID-19 struck, temporarily shuttering chip foundries. And chip companies’ customers (For example – Automaker) slowed their purchasing of the latest hardware and worked down existing inventory during 2020 to manage their income.

For Micron, it appears the global shortage will keep sales pushing higher for the rest of the year. However, Micron’s decision in 2019 to lower production during a downturn could be costing now.

Recently, Micron’s CEO Sanjay Mehrotra warned investors during the earnings conference call: “Under strong demand and limited supply, the current DRAM market is facing a serious shortage of supply, which has led to DRAM prices. The rapid rise will continue to tighten throughout the year.”

Moreover, graphics card, memory, and other PC accessories’ prices are rapidly increasing while most are unavailable or tag as Out of Stock.  Therefore, it is not a good time to build a DIY PC host. The price and performance ratio is even far worse than buying a branded machine.

According to the Wall Street Journal, Micron is curious about potentially buying Japanese NAND-memory company Kioxia and will find yourself during a bidding war with Western Digital Corp. for the company. The company estimated value is about $30 billion.

Shashank
Shashank is an experienced tech blogger. He has completed his Master in Business Administration but his heart lies in technology & Gadgets. He is basically Creative in Nature and his one of favorite thing is Capturing Nature closely whenever he gets the free time.

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