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Micron Trades at 6 Times Next Year's Earnings Amid Capacity Expansion

Micron is currently trading at six times next year's earnings, with a significant $38 billion of capacity expansion not expected to come online until 2028, impacting future market dynamics.

10 Aug, 09:11 — 10 Aug, 09:11
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YahooMostly Factual18d ago

Micron Trades at 6 Times Next Year's Earnings. The $38 Billion of Capacity That Ends This Cycle Doesn't Open Until 2028.

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