Micron's Q2'15 Earnings Review: Focus On Technology Transition In 2015 Impacts Short-Term Bit Growth

Though Micron expects the market conditions will remain favorable for its business in 2015, led by constrained supply in DRAM and solid demand for both DRAM and NAND, it expects its DRAM and NAND output growth to lag the industry growth in 2015. For calendar 2015, Micron is focusing on technology enablement and as a result expects its bit growth to be below industry average in the near term. As the company benefits from the conversion to 20-nm, it expects its bit growth to be in line with or sli...