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Micron Blew Past Estimates and Says It Can't See When the Memory Shortage Ends
Source: 247wallst.com
Corporate EarningsCompany FundamentalsTechnology & InnovationCommodities & Raw MaterialsCorporate Guidance & Outlook
Micron posted its eighth consecutive earnings beat, while its stock has gained more than 270% year-to-date. The company remains a major beneficiary of tight memory supply, although CEO uncertainty over the duration of the shortage limits visibility into the sustainability of the pricing and earnings upswing.
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