4 ms·
Yep. I've followed Micron since before Y2k. I've seen the ups and downs of their stock. Seen a CEO literally crash and burn (RIP). This is a mistake. The cons
by IG_Semmelweiss 10mo ago
Yep. I've followed Micron since before Y2k. I've seen the ups and downs of their stock. Seen a CEO literally crash and burn (RIP).
This is a mistake. The consumer business is a bet , which they excel at. Yes, its not printing money right now, but it is an option. Exiting the consumer business will mean they may miss insights into the next hot consumer trend.
The game for large companies like this should be to keep small bets going and literally, just survive. That's what Micron was doing, that's what NVIDIA did for a better part of a decade. Now that both are printing money.
Yet, Micron has decided its retiring from placing more bets. Mistake.