Micron Technology(US:MU) 芯世相·2025-09-15 09:55Core Viewpoint - Micron Technology is set to increase prices of its storage products, including DDR4, DDR5, LPDDR4, and LPDDR5, by 20%-30% due to supply shortages and market conditions [2][3][17]. Price Increase Announcement - On September 12, it was reported that Micron would raise prices for its storage products by 20%-30% [2]. - Following SanDisk's announcement of a 10% price increase, Micron notified its channels that all DDR4, DDR5, LPDDR4, and LPDDR5 products would stop quoting prices, with all agreements canceled for a week [3][5]. - The price increase is not limited to consumer and industrial storage products; automotive electronics are expected to see a 70% increase [4]. Market Reactions - After the price increase announcement, distributors began to halt quotations, leading to price hikes and a cautious trading environment [9][10]. - Some distributors reported that the price of 16GB industrial-grade DDR4 has risen approximately 30% from around $21 to over $27, while 8GB prices remain stable at around $7 for commercial-grade and $9 for industrial-grade [11]. Historical Context - The price of DDR4 has seen significant fluctuations, with increases of 150%-400% following Micron's previous production halt announcement in June [13]. - Prices for 8GB DDR4 rose from $1.15-$1.25 in late 2022 to over $8 after the production halt announcement [14]. Possible Reasons for Price Increase - The price hike is attributed to supply-demand imbalances, as Micron has shifted production capacity towards higher-margin products, leading to shortages in traditional DRAM [17]. - There are speculations that the price increase may align with Micron's upcoming financial report, which is expected to exceed market expectations due to increased sales and prices of DRAM and NAND products [19][20]. Market Outlook - The market is currently in a state of observation, with questions about whether the price increases are genuine or a strategic move by major storage manufacturers [21].