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Micron Just Delivered a Monster Quarter, but the Stock Is Plummeting. The Reason Is Obvious.

Source: fool.com

Corporate EarningsCompany FundamentalsTechnology & Innovation
Micron Just Delivered a Monster Quarter, but the Stock Is Plummeting. The Reason Is Obvious.

Micron reported record revenue, profit, and gross margin in its fiscal fourth quarter. However, concerns about the sustainability and cost of hyperscaler capital spending are weighing on the semiconductor industry.

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