Micron Q1 Preview: Mixed Signals Going Into Earnings
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Micron is expected to see growth and market share gains in its DRAM business due to favorable price and volume conditions. However, its NAND business faces challenges with pricing cuts and reduced order demand. Micron's stock is currently valued at a premium, making it less attractive for buyers.
December 10, 2024 | 9:45 am
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Micron is expected to see growth in its DRAM business, but its NAND segment faces challenges. The stock is valued at a premium, which may reduce its attractiveness.
Micron's DRAM business is benefiting from favorable market conditions, which is positive. However, the NAND business is experiencing pricing and demand challenges, which could offset some of the gains. Additionally, the stock's premium valuation may make it less appealing to investors, balancing the overall short-term impact.
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