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Baird Slashes Micron Price Target in Half

Shoshanna Delventhal

Gerra expects Micron's core DRAM and NAND memory chip businesses to decelerate in pricing and performance over the next eight consecutive quarters. Micron's DRAM chips, or dynamic random-access memory, are used in desktop computers and servers, while its NAND flash memory is used in smartphones and solid-state drives.