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Supply/demand imbalance, pricing tanking (spot prices have been running well below contract prices), and huge capital demand, all are weighing against the sector, not mention the “whither goest the consumer” conundrum weighing on everything. A surprising exception was Baird who kept their ‘Outperform’ rating on Micron, with analyst Tristan Gerra saying its business has started to recover. H[……]

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