Micron Technology Inc

MU: XNAS (USA)
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Micron Earnings: Pricing Has Shot Through the Stratosphere, With No Signs of Abating Soon

Micron's October-quarter results were strong, and January-quarter guidance was even better. At the midpoints, management is guiding sequentially to 37% revenue growth, 1,120 basis points of gross margin expansion, and 76% EPS growth.

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