Report
Abhinav Davuluri
EUR 147.86 For Business Accounts Only

Best Idea Micron remains well positioned despite ongoing headwinds.

Micron reported fiscal third-quarter results in line with its prior guidance, with signs of improvement across both DRAM and NAND segments. However, forward guidance failed to support the numerous tailwinds (20-nanometer DRAM and 3D NAND) that we have anticipated. The market appears to be in agreement, with shares down sharply in after-hours trading. Consistent with the results, management announced a restructuring plan designed to better align itself with the current business environment and ke...
Underlying
Micron Technology Inc.

Micron Technology provides memory and storage solutions. The company's portfolio of memory and storage technologies include Dynamic Random Access Memory, Not And, 3D XPoint? memory, and Not Or. The company's segments are: Compute and Networking Business, which includes memory products sold into client, cloud server, enterprise, graphics, and networking markets; Mobile Business, which includes memory products sold into smartphone and other mobile-device markets; Storage Business, which includes Solid-State Drives and component-level solutions sold into enterprise and cloud, client, and consumer storage markets; and Embedded Business, which includes memory and storage products.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Abhinav Davuluri

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