Inventory ManagementMicron reported its F4Q25 inventories were reduced to 125 days from 139 days at the end of F3Q25, indicating improved inventory management.
Pricing And MarginsHyperscaler eSSD demand momentum is driving better pricing, margins, and eSSD-mix opportunity, reflecting an increasingly favorable industry environment.
Supply/Demand ConditionsIndicators of sustainably favorable supply/demand conditions are seen, including concerns of HDD EB shortages likely adding a degree of flash substitution demand.