Recently, Hewlett-Packard (HPQ) reported better-than-expected fiscal 3Q16 earnings as weakness in the printer segment was offset by strength in the personal systems segment. While HPQ’s shares fell 1% the day after the earnings release, shares of Micron Technology (MU) and Western Digital (WDC) rose 4.4% and 2.3%, respectively.

The memory suppliers’ stocks rose after HPQ chief financial officer, Cathie Lesjak, talked about the possibility of a shortage in component supplies as the suppliers divert their focus away from PCs to other adjacent markets such as smartphones. In this series, we’ll look at how this potential shortage could affect memory suppliers.

By: DocMemory
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