JP Morgan says buy Micron on rising cloud computing demand for its chips

JP Morgan says buy Micron on rising cloud computing demand for its chips

5 years ago
Anonymous $RBasgWKaIV

https://www.cnbc.com/2018/07/26/jpm-says-buy-micron-on-rising-cloud-computing-demand-for-its-chi.html

Micron chip sales will increase later this year as companies increase their technology spending budgets, according to J.P. Morgan.

The firm reiterated its overweight rating for the company's shares, predicting strong demand for its memory chips from cloud computing vendors.