The financial director of Micron Technology Maddock Ernie at the Needham Growth Conference event answered the questions of analysts about the development trends of the industry and the company, in particular.
I would like to begin by mentioning the type of memory 3D XPoint, which Micron manufactures in collaboration with Intel, and starts to supply the market in the next quarter as part of SSDs QuantX family. It is talking about products for server and mobile segments, although the same Intel is rushing to offer these drives under its own brand and Optane desktop.
This year, the share of revenue from the sale of products on 3D XPoint type of memory based in the financial statements Micron is negligible, and even for the next year will not exceed 5%, as explained by the company's CFO. However, previously he had already pointed out that in a few years, 3D XPoint and its derivatives will start to push the traditional DRAM memory type. The cost of the first for this should be significantly reduced, and it will take at least two to three years.