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home / articles / TECH - Why Semiconductor Manufacturing Company Micron Technology's Shares Are Taking A Hit Today | Benzinga
Micron Technology, Inc. (NASDAQ: MU) shares are trading lower despite raising its first quarter of FY24 outlook, which surpassed estimates.
The company previously guided Q1 revenue of $4.4 billion (± $200 million). However, due to improved supply and demand balance and pricing, Micron now expects Q1 revenue to reach $4.7 billion. The street ...
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