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Technology Stocks : WDC, NAND, NVM, enterprise storage systems, etc. -- Ignore unavailable to you. Want to Upgrade?

To: BeenRetired who wrote (4198)	8/12/2019 3:43:01 PM
From: Charlie Smith	3 Recommendations Recommended By JCnieuwenj Return to Sender Sam Respond to of 4827

Micron at KeyBanc Technology Leadership Forum sees demand coming back in a pretty meaningful way (42.25 +0.73) Inventory is high but sees path to reduce it as demand comes back in pretty meaningful way (cloud and graphics); seeing demand elasticity. Seeing pockets of tight supply with certain customers in DRAM and NAND Will remain cautious with costs, cap-ex Would've hit high end of revenue guidance absent Huawei disruption last quarter. Gross margins healthy despite downturn Will be second best year for Micron on record (Q4 ends this month)