TradingKey – On October 15, US Eastern Time, Micron (MU) shares turned from losses to gains, after intraday trading dropped more than 6% to a low of $858, hitting the lowest level since August 11.

Recently, technological progress by ChangXin Memory Technologies (CXMT) triggered market concerns about the DRAM competitive landscape. However, both HSBC and Daiwa believe the short-term impact may be overestimated, while Elon Musk’s endorsement of Micron’s pricing strategy offers another perspective on its long-term customer relationships.

HSBC pointed out that ChangXin Memory Technologies (CXMT) is expected to complete the development of server DRAM based on the 4F² cell structure by the end of 2026, 2 to 3 years ahead of South Korean…