Chip and chip-technology companies including
were gaining in the premarket session after
said it raised memory prices by 30%.
Micron, which is in talks with Hynix over a possible alliance, was gaining 5% to $32.50 on Instinet, while
was up 0.5% to $31.62,
was up 3.4% to $7.62, and
was gaining 2% to $11.52.
Hynix said its price increases went into effect Tuesday and apply to contract DRAM customers. The company cited higher personal computer sales because of Windows XP and a "PC sales boom in China."
is weighing a similar price hike.