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-0.00123981579879561 -0.00305526036131774 -0.00216967764789235 0.00159404888416584 0.00489284449167548 -0.00483616719801626 0.00650903294367693 0.0130623450230251
Stock impact report

Micron: Why An Exit From Consumer Isn't Scary [Seeking Alpha]

Micron Technology, Inc. (MU) 
Last micron technology, inc. earnings: 3/25 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.micron.com
Company Research Source: Seeking Alpha
The market was confused about how to understand the news; our take is that this won't negatively impact MU, considering consumer is not what's driving the company's outperformance. Instead, that would be DRAM, and HBM in specific, where MU holds the second-largest market cap after SK Hynix at 21%. We expect MU to continue to benefit from the price uplift amid shortage and the consumer business exit speaks to a larger memory hyper scale that has. JHVEPhoto/iStock Editorial via Getty Images What Micron's exit from the Consumer business means: Micron Technology, Inc. ( MU ) issued a press release on Wednesday stating its intention to exit its consumer business and refocus capacity towards AI-led hyper More on my IG service Don't just invest—dominate with Tech Contrarians' realized return on closed positions of 65.8% since inception. You'll get exclusive insights into high-focus stocks, curated watchlists, one-on-one portfolio consultations, and everything from live portfol Show less Read more
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