DRAM 2GB spot prices fell month-over-month
In this series, we’ll explore the trend in prices of memory products—DRAM (dynamic random-access memory) and NAND (negative-AND)—and analyze the expected performance of these products and related companies in 2016.
The table below shows that the spot price of 2GB (gigabyte) DDR3 (double data rate 3) DRAM fell 3.4% from $1.11 on January 22, 2016, to $1.07 on February 12, 2016. The spot price of 4GB DDR 3 DRAM fell 2.6% from $1.90 to $1.85 in the same period.
32GB NAND spot prices rose in February 2016
The above table shows that the spot price of 32GB NAND rose 0.6% from $2.16 on January 22, 2016, to $2.16, whereas the spot price of 64GB NAND rose 1.5% from $2.65 to $2.69 in the same period. Major companies in the DRAM space include Samsung (SSNLF), Micron Technology (MU), SK Hynix (HXSCF), Nanya Technology, and Winbond Electronics.
To get exposure to Micron Technology, you can invest in the iShares PHLX Semiconductor ETF (SOXX) and the VanEck Vectors Semiconductor ETF (SMH). Micron Technology constitutes 3.7% of SOXX and 3.2% of SMH.