Micron said it has received a preliminary injunction regarding computer chips it sells in China, but said it should not affect its earnings much. The preliminary injunction enjoins the company’s Chinese subsidiaries from manufacturing, selling, or importing certain Crucial and Ballistix-branded ...

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To no one’s surprise, Micron Technology issued barnburning results on June 20. Total revenue was $7.8 billion, up 6 percent from the previous quarter and 40 percent from the prior year. Non-GAAP gross margins expanded to a record 61 percent, ...

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Micron stock has been going up since the company made a three-pronged announcement on May 21 that it was raising its quarterly earnings expectations, making some deals with computer hardware vendor Intel, and initiating a $10 billion stock buyback program. ...

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