Micron Could Stir 2016 Chip M&A Froth — As A Target

By | December 23, 2015

Scalper1 News

Micron Technology (MU) could stir the semiconductor M&A froth in 2016 — this time as a target, several analysts suggested Wednesday after the chipmaker late Tuesday guided to fiscal Q2 losses for the first time since February 2013. In midday trading on the stock market today, Micron stock was down 4.5%, near 14, after the No. 5 chipmaker also reported Q1 sales and earnings that missed Wall Street estimates. Shares are down 58% for the year. At Scalper1 News

Scalper1 News