What Is Micron Technology’s Stock Outlook For 2023?

Summary:

  • The macro environment is bad for Micron.
  • Samsung’s production cut will be positive.
  • While the longer-term outlook is solid, the upside in 2023 could be limited.

In Ultra Modern Electronic Manufacturing Factory Design Engineer in Sterile Coverall Holds Microchip with Gloves and Examines it.

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Article Thesis

The current fiscal year will likely be pretty bad for Micron Technology, Inc. (NASDAQ:MU). But the market is always forward-looking, and there are some signs that the issues in the memory market could be improving. Not too surprisingly, Micron

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