Micron Estimates The Combined Direct Sales And Indirect Sales Through Distributors To China Headquarter Cost Is About A Quarter Of Revenue
Portfolio Pulse from Benzinga Newsdesk
Micron Technology estimates that the combined direct sales and indirect sales through distributors to China headquarter cost is about a quarter of its revenue, according to a statement made at the JP Morgan Conference.

May 22, 2023 | 12:30 pm
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Micron Technology's sales to China headquarter cost represent about 25% of its revenue, which may affect its stock price.
Micron Technology's significant exposure to China headquarter cost, which accounts for about a quarter of its revenue, may have an impact on its stock price. However, the short-term effect is uncertain as it depends on various factors such as market sentiment, overall industry performance, and geopolitical factors.
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