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Micron Technology (MU) Stock Closed Higher on Analyst Upgrade

2015-06-20 17:05:55| Semiconductors - Topix.net

After meeting with the management, analysts were encouraged by likely outsized DRAM cost per bit improvement relative to competitors, steady TLC 3D NAND progress that can drive a demand inflection and continued commitment to capital returns while maintaining a competitive capex level, according to Barron's . "We believe MU is at or ahead of plan in its 20nm DRAM ramp," analysts said.

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