Micron Baffles Analysts With Unnamed Chip Partner

By | August 17, 2015

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Wall Street offered a witch’s brew of feedback Monday after Micron Technology (MU) suggested late Friday that 2016 investments could swallow 2015 capital expenditures by as much as 45%. And while the chipmaker didn’t outright name Intel (INTC) as the “strategic partner” providing a $0.7 billion to $0.9 billion investment in 2016, that didn’t stop analysts from speculating about the companies’ intertwined fate. Micron, hard-hit in the stock market Scalper1 News

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