Sales of integrated circuits show prices flat, but DRAM chips keep seeing rising priced, he notes:
IC sales grew 6% year over year in May, following a decline of 1% year over year in April with March being flat. IC units increased 6% year over year, following a 9% increase in April, and a 2% rise in March. This implies blended IC average selling price (ASP) was flat yr/yr in May. We think that memory, especially DRAM, could continue to help pricing comparisons as the year progresses, and that the ASP of ICs excluding memory could also firm as demand lifts.