Micron Technology Inc
MU: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| @SK | LOCK|&@ | LOCK|b#>$jyy |
Micron Earnings: Beware Attempting to Time the Peak
Micron Technology posted another blowout quarter, with sales rising 380% year on year to $54 billion. Growth was led nearly entirely by pricing growth. Gross margin expanded more than 40 points year on year to 87%, with incremental pricing-led revenue coming as practically pure profit.
