Micron (MU) Stock Pullback Meets a Tim Cook Catalyst

TLDR Apple CEO Tim Cook expects memory costs to rise further in the current quarter. Higher memory prices point to tight supply across the global chip market. Micron stock has fallen about 26% from its late-June record high. The pullback followed a sharp rally rather than weaker memory demand. Micron’s DRAM, NAND, and HBM products [...]

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