*Phison shares surge as memory chip prices offset currency headwinds*
Memory chip production cuts have sparked a rally in NAND Flash prices, cushioning Taiwan-based controller manufacturer Phison Electronics against strengthening local currency pressures that typically erode overseas earnings by 3% for every 1% appreciation.
Source: DigiTimes
Submitted May 08, 2025 at 11:32AM by NewMaxx via reddit ift.tt/u8brFZG
Memory chip production cuts have sparked a rally in NAND Flash prices, cushioning Taiwan-based controller manufacturer Phison Electronics against strengthening local currency pressures that typically erode overseas earnings by 3% for every 1% appreciation.
Source: DigiTimes
Submitted May 08, 2025 at 11:32AM by NewMaxx via reddit ift.tt/u8brFZG