Prudential Equity Group said in a Tuesday report that Intel and Micron could announce a NAND flash memory joint venture in the coming weeks, with production based at Micron's Manassas, Virginia facility.

Appleton said partnerships are one of three paths for Micron to pursue to increase shareholder value. The other two are shifting to more profitable markets and benefiting from industry consolidation, he said.

Appleton said he expects one or two of the five largest makers of dynamic random access computer memory, or DRAM, technology to disappear in the next one or two years.

Micron has been helped by surging sales of NAND flash memory used in portable devices such as mobile phones, digital cameras and music players. Appleton said he expects flash memory to replace disk drives in notebook computers within five years as prices decline.

By: DocMemory
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