Micron Tumbles, But Apple-Samsung Report Questioned

By | February 24, 2015

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Micron Technology (MU) could lose out to Samsung Electronics when it comes to supplying advanced dynamic random-access memory chips for Apple’s new smartphones, a Korean newspaper reported Tuesday, sending Micron shares falling. But at least one analyst called the stock decline “unwarranted” and based on a “half-baked” news item, while another analyst says Micron might be opting to get better prices for its memory chips. Micron Technology stock Scalper1 News

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