|Taiwan Semiconductor and Micron: After Hard Hits, Potential Upside |
posted on: September 28, 2007 | about stocks: MU / TSM
I have my sights set on picking up some shares of Micron Technology, Inc. (MU) and Taiwan Semiconductor Manufacturing Company Limited (TSM). Both stocks are down for the year. Micron in particular has been hit quite hard. A flash memory partnership with Intel should bear some results as Intel Corporation gears up to market the product as a replacement for magnetic hard drives.
Retail pricing remains to be seen. If pricing is low enough, I see a large number of OEM’s picking up the technology. I’ve been waiting for years to see affordable flash-based hard drives, also known as solid-state hard drives. The technology has many inherit advantages over traditional hard drive designs. Flash drives have no moving parts, thus are prone to less damage, heat and noise. The best advantage over traditional hard drives I see is an incredible speed improvement.
Take a look at this Street.com article, Intel Prepares Flash Attack, for a look into the Micron and Intel partnership.