Intel Price Cuts and World Cup Soccer Slow NAND Flash Sales
Is everyone watching the World Cup? It seems that the World Cup and the fact that Intel is cutting processor prices in July has put the hurting on NAND Flash pricing. With sufficient inventory already built up in the market, spot transactions in the week from June 13-20 were constrained, and the World Cup also temporally puts NAND flash trading on hold, according to DRAMeXchange.
The firm commented that overall DRAM demand remains low as Intel has pushed back demand to the the third quarter by not hiding its plan to cut CPU prices in July. With chipmakers facing pressure from mid-year financial reporting, the market saw some inventory clearing as well, which strained prices further, especially from the second half of June. NAND flash trading was also sluggish last week amid limited transactions due to the World Cup in Europe. Industry players have already prepared their stocks and are in no hurry to secure supply from the spot market.
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