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Micron’s Earnings to Take a Hit from Tariffs and Huawei Ban

Puja Tayal
Micron’s Earnings to Take a Hit from Tariffs and Huawei Ban

Micron Technology (MU) is already in a cyclical downturn with prices of DRAM (dynamic random access memory) and NAND (negative AND) falling due to oversupply. In its two-year growth cycle from mid-2016 to mid-2018, Micron prepared for a down cycle by reducing its production cost and debt and building its cash reserves.