Micron expects Chinese ban to affect revenue up to high-single digits
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Deutsche Remains Sidelined on Micron Technology (MU) Amid China Memory Restrictions, 'could imply a much larger impact that the co's initial assessment'
May 22, 2023 10:32 AM EDTDeutsche Bank analyst Sidney Ho reiterated a Hold rating and $55.00 price target on Micron Technology (NASDAQ: MU)
The analyst comments "While Chinese retaliation following semicap equipment export bans was to be expected (in some shape or form) and today's announcement by MU does not come as a surprise to us, the extent of the restrictions remain largely unclear and... More
