Micron, a major American memory manufacturer, was underestimated by analysts' dislike of the memory market in the second half of the year and the stock price was killed, dragging the Philadelphia semiconductor index to reverse the trend.

The Motley Fool quoted StreetInsider.com on the 14th, and Edgewater Research published a research report pointing out that memory demand and prices in the first half of this year seemed to be "better" (but it did not explain whether it was better than last year or better than expected).

Looking ahead to the second half of the year, Edgewater believes that memory demand and quotes are "not as good as seasonal" (sub seasonal, referring to the historical average performance over the past second half of the year) and may be "below".

This seems to mean that the market situation will become a bit bad in the second half of the year, which may be worse than investors originally expected. It is worth noting that Edgewater believes that Micron and its rival SanDisk will face the same dilemma.

Microel's 14th news fell 4.75% and closed at $118.61, reaching a new low since June 13, with a decline of half the 30 constituent stocks. SanDisk's stocks on the Nasdaq Exchange also fell 7.83% and closed at $42.48, reaching a new low since June 12.