Mainstream 64-Mbit PC100 SDRAM spot market prices dropped today below $11, nearly in range with OEM contract pricing.
The slide ends a month-long roller coaster ride that sent 64-Mbit PC100 tags to a high of more than $21 before crashing back to earth. The sudden spot market plunge could affect some OEM contract pricing, which was climbing gradually, lifted by the rise in commodity spot tags, according to analysts.
Avo Kanadjian, senior vice president for DRAM marketing at Samsung Semiconductor Inc., San Jose, said he hoped that the memory market was becoming more stable after the wild spot pricing swings of the last month. Kanadjian believed DRAM prices would remain firm because PC demand has been unusually strong in the fourth quarter.