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Posted by
Two Blokes Jun 30 -
Filed in
Stock
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4 views
Micron Technology, Inc. delivered record Q3 earnings, driven by surging DRAM and AI-related HBM demand. But, the stock already doubled since April lows, so the market didn't seem to react to the positives of this earnings report. This makes me think the near-term upside is limited from current levels and potential downside from tariff panic buying isn't priced in.