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by DigitalTerminal
2560 days ago
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It shouldn't affected Micron as much considering it already has one of the lower P/E ratios and P/B ratios in the industry. It seems like their declining earnings and exposure to China should already be priced in.
With that said it will probably affect Micron just the same if not more considering Huawei made up, I believe, 13% of their sales last year.
The idea that this is all happening in what was already a down cycle for the industry will cause people to become fearful and impatient. |
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