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Could Micron’s Revenue Super-Cycle End in Fiscal 2018?

Could Micron’s Revenue Super-Cycle End in Fiscal 2018?

Micron Technology (MU) enjoyed the best growth among all US-based semiconductor companies in 2017. For fiscal 2Q18, Micron expects its revenues to increase 3.0% sequentially and 51.0% YoY (year-over-year) to $7.0 billion at the midpoint. Fiscal 2Q is a seasonally low quarter for Micron as holiday season sales end.