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Micron Is Down 30% From Its High and Just Lost Its $1 Trillion Status

Source: 247wallst.com

Company FundamentalsAnalyst InsightsTrade Policy & Supply Chain
Micron Is Down 30% From Its High and Just Lost Its $1 Trillion Status

Micron’s revenue surged nearly 380% year over year, while analysts expect memory supply to tighten through 2028 and more than 75% of next year’s output is already committed. Investors are nevertheless selling the stock; the article provides no reason for the selling or its magnitude.

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