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SK Hynix Just Delivered Great News for Micron Investors

Source: fool.com

Corporate EarningsCorporate Guidance & OutlookCompany FundamentalsTechnology & Innovation
SK Hynix Just Delivered Great News for Micron Investors

SK Hynix reported soaring revenue and profits, while its guidance suggested investors are underestimating the strength of the memory boom. Micron trades at a forward P/E of less than 6 after retreating from its June peak; the article provides no specific earnings figures or share-price move.

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