oversupply

Micron has revealed plans to cut production of its DRAM and NAND flash products by 5% to combat its average selling price (ASP) falling by 20% in the quarter ended February 28, 2019. Oversupply in both sectors led to the sharp fall in pricing and was "worse-than-expected DRAM and NAND pricing."...

Industry sources are saying we're going to have a DRAM oversupply issue next year and I welcome it. They base their opinion on the fact Micron has ramped capacity and two DRAM plants in China are getting ready to come online. Hopefully, this will all come true and we'll get the price of DRAM...