Content analysis
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H.S. freshman Good
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New words:
coverage, DeBoer, distributor, drove, fraudulent, gaming, growing, inactive, legacy, MTI, older, redeployed, retroactively, Scott, steep
Removed:
allegedly, approach, charge, Delaware, diversifying, false, fiduciary, issue, law, Mehrotra, misleading, original, pledge, Sanjay, taxable
Financial report summary
?Competition
Western Digital • Cypress Semiconductor • Peraso • Seagate Technology • ADESTO TECHNOLOGIES • KioxiaManagement Discussion
- Total Revenue: Total revenue for the second quarter and first six months of 2024 was impacted by the factors described in the section titled “Industry Conditions” above. These conditions drove significant quarterly declines in average selling prices throughout 2023 and a subsequent recovery of average selling prices in the first two quarters of 2024.
- Total revenue for the second quarter of 2024 increased 23% as compared to the first quarter of 2024 due to increases in sales of both DRAM and NAND products.
- •Sales of DRAM products in the second quarter of 2024 increased 21% as compared to the first quarter of 2024 primarily due to increases in average selling prices in the high-teens percentage range and a low-single-digit percent range increase in bit shipments.