Micron: UBS Ups to Hold on Samsung DRAM Delays

This post is by Tiernan Ray from Tech Trader Daily

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Micron’s profit in a “trough” situation, where DRAM chip prices decline for several quarters, now seems likely to be much less bad than originally estimated, according to Tim Arcuri of UBS, prompting him to upgrade his view on the stock to a Hold from what had been a Sell.

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