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Is Micron worth the risk?

Over the last few years, commodities have been at the center of a boom-and-bust cycle not witnessed before in our lifetimes. But one commodity that missed out on the boom -- but certainly not the bust -- is the dynamic random access memory, or DRAM, chip.

This key component of the personal computer became a commodity after the dot-com boom, and its seemingly unlimited supply and availability resulted in falling prices.

There has been no hedge fund craziness with this commodity to drive up prices. Nope, this poor little semiconductor chip could not attract any sort of interest on the buy side. As a result, companies that make the DRAM chip have been struggling to survive.

Continue reading Is Micron worth the risk?

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