This weekly newsletter pulls together summaries of the top ten most-read Insights across Tech Hardware and Semiconductor on Smartkarma.
Receive this weekly newsletter keeping 45k+ investors in the loop
1. Micron. Don’t Sweat The Dip, Focus On The Five Year SCA!
- Micron delivered an exceptional fiscal Q2, with stellar records in revenue, gross margin, EPS and free cash flow. Quarterly revenue nearly tripled versus one year ago.
- Micron’s fiscal Q3 single quarter revenue guidance exceeds the full year revenue for every year in the company’s history through fiscal 2024.
- Strategic Customer Agreements now replace the useless LTAs of the past. One customer has signed up for five years. Likely includes volume guarantees and pricing at prevailing rates. That’s nice!
