Is the Memory Supercycle Peak Near for Micron and SK Hynix?
Memory prices have been exploding higher over the past year, and with it so have the stocks of DRAM (dynamic random access memory) makers Micron Technology (MU +1.47%) and SK Hynix (SKHY +1.13%). However, the memory market is notoriously cyclical, and many investors are already questioning how long the good times will last for these…