my guess it that it means arou

2023-06-19

my guess it that it means around 20-25 %, which is a lot, considering MU's already very reduced sales because of world wide economic situation. At the same time, they announced they will invest 600 Million USD in new plant in China. Hard to understand the logic.The other option could be, that the new plant will only produce for export, and that production cost is much cheaper there. Anyway, I don't see any upside for the stock. I expect it to go down considerably in the next 3-6 months. $Micron Technology(MU)$

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