Micron's Q4'15 Earnings Review: Industry Dynamics To Improve In Fiscal 2016

Leading memory chip manufacturer, Micron Technology lost almost 35% of its market value since it reported its Q3 2015 earnings on June 25th. The stock rose marginally in after hours trading yesterday as Micron?s Q4 2015 earnings (reported on October 1st) came in within its guided range and beat Wall Street estimates. Weak macroeconomic conditions and the persisting weakness in PC demand, coupled with Micron?s lagging DRAM and NAND output (or "bit growth") in comparison to the industry (due to th...