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umar samaila
umar samaila
Micron's revenue guidance for the next quarter is $61.5 billion, with a fluctuation of $1.5 billion up or down, higher than this quarter's revenue of about $54.2 billion. However, the GAAP gross margin guidance is about 85.95%, slightly lower than this quarter's 86.8%. I think looking at these two lines together is more interesting than just shouting "storage demand exploded." The company expects revenue to continue growing but did not provide guidance for a simultaneous increase in gross margin

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