On a net basis, I don’t see any reason for Micron to sell off 8%.Q2 results fantastic as always With the drama emerging from the memory outlook, it seems Micron’s superb results in Q2 were essentially forgotten. Here’s a look at the company’s summary results for the quarter:Figure 2. Micron Q2 resultsSource: Micron investor relationsMicron grew revenues by a staggering 58% y/y to $7.35 billion a staggering growth rate for a company of its size.
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