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Micron quarterly earnings drop. Next quarter’s worse. (access required)

As expected, Micron’s second-quarter earnings showed a drop in earnings from previous performances, which had been on a fairly steady climb since 2016, though slightly better than predicted. But next quarter isn’t good. Jim Handy, a veteran Micron analyst and general director of Objective Analysis, in Los Gatos, California, said, in a call, Micron announced that their fiscal ...

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