Source: New York Post
It has been the poster child for America’s AI-driven chip boom since Donald Trump’s reelection. But a Wall Street giant has issued a doomsday warning for California-based Micron Technology after its latest earnings call. Citigroup sent ripples through the market by cutting Micron’s price target from $510 to $425, citing a roughly 6% drop in spot prices for mainstream RAM products since March 18, the Fresno Bee reports.
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