Micron's latest earnings brought a massive inventory write-down, its largest quarterly loss on record and continued questions about when the bottom will appear.
Read More...
Micron Technology Inc.’s latest earnings report brought a massive inventory write-down, the company’s largest quarterly loss on record and continued questions about when the company will reach its bottom.
Shares of Micron MU were bucking the downbeat results Wednesday, up 5% in morning trading as the memory-chip company wrote down more than $1.4 billion in inventory but signaled that some trends were improving.
See…
