Micron: No Rebound In Sight


  • Micron has reported a very weak Q1 FY 2023, with revenue and profitability declining rapidly.
  • Its guidance was also quite weak and management’s expectations for a rebound during mid-2023 is highly uncertain.
  • Micron’s valuation is not cheap compared to its historical pattern, thus its share price weakness may continue.
Micron Technology Inc. One of american leader in semiconductor devices, dynamic random-access memory, flash memory, USB flash drives, solid-state drives.


Micron Technology (NASDAQ:MU) reported another very weak quarter and guidance for the coming quarter is also weak, plus its valuation is not cheap enough. This means that further share price weakness may lie ahead and investors should avoid its shares for

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