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Technology Stocks : Semi Equipment Analysis

SOXX 314.52

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Dec 11 4:00 PM EST

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From: Sam	9/24/2019 5:27:23 AM
	1 Recommendation of 95572

Micron earnings: Stock surge faces test of memory-chip recovery By Wallace Witkowski Published: Sept 23, 2019 7:20 p.m. ET Micron Technology Inc.’s big stock run during the past quarter faces a crucial test of how much the memory chip market has actually improved when the chip maker reports earnings this week. Micron MU, +0.90% is scheduled to wrap up its fiscal year with a fiscal fourth-quarter earnings report after the markets close Thursday. The memory chip industry is in a completely different space compared with a year ago, when prices were still climbing, inventory issues had yet to rattle the sector, and Micron Chief Executive Sanjay Mehrotra had said the memory chip market had become structurally different in a post-PC only world. Over the course of 2019, chip makers have struggled with a drop off in sales as semiconductors hit peak prices and revenue toward the end of 2018, but in the past earnings season a few indicators have shown that a second-half rebound could play out. continues at marketwatch.com

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