Micron Technology (MU) is poised to go from being a “follower” in terms of low-cost production of NAND flash to being a “leader,” according to a report this afternoon from Susquehanna’s Mehdi Hosseini.

Hosseini, who has a “Positive” rating on Micron shares, and a $60 price target, writes that his “checks” tell him the company is going to introduce new solid-state drives in the latter half of this year that will make use of flash of the “QLC” variety. Those drives will reduce costs of the drives further, giving the company...