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Micron Fell 7% on Tuesday. Is This an Opportunity to Buy?
The Motley Fool·
Micron Technology dropped 7% on Tuesday alongside a broader semiconductor sell-off driven by concerns over high AI spending and rising Treasury yields. Despite the pullback, the article argues this presents a buying opportunity, citing Micron's strong fundamentals including $41 billion in quarterly revenue, expected $50 billion next quarter, 85% gross margins, and continued supply shortage for memory chips.
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