Micron Reports Mixed Earnings: Idaho Sneezes, Earth Trembles—Global Tech Supply Chain Holds Breath
Micron Technology’s latest quarterly confession—excuse me, earnings report—landed last week like a brick of DRAM tossed into the placid Koi pond of global markets. The headline numbers were, in corporate-speak, “mixed,” which is roughly the same as a surgeon saying your operation went “mostly as planned.” Revenue beat expectations; profits did not. Shares wobbled, analysts…