What's your reason for not buying micron stock before the earnings report today?
Even Cramer said it was a no brainer and it popped 10% afterhours. The memecoin isn't useful to anyone. Micron DRAM is killing it
>>1893399
It's too late you doofus
>>1893418
True
>>1893399
Overrated. It has nothing to do with Micron does something significant against its competitors. The result is because of 1) Shortage of NAND memory 2) Potential sale of chipmaking business of Toshiba.
Samsung is still the dominant one and there is Hynix in DRAM market.
>3D X Point
Performance per cost makes it financially impractical. It is Rambus all over again.
>>1893399
>Micron DRAM is killing it
Can confirm, my Crucial SSD is the best tech investment I've ever made.
>>1893461
Except Micron isn't doing well in DRAM market as well.
If you look up the chart, Micron used to hold almost 30% of the market, now they are capped at 20%. The biggest competitor, Samsung has increased the market share from 35% to 50%. Hell, even Hynix increased their market share from 15% to 25%.
>>1893399
Also, it is important to note that Micron acquired Elpida which was the third largest DRAM manufacturer a few years back.
>>1893476
So why were microns earnings so good end guidance good
You think the 10% gain was too much?