Micron pointed to a desire to reduce its debt during its conference call. The company is looking to manage operational costs while concurrently benefiting from solid demand and constrained supply.And Micron has a healthy balance sheet, with $4.2 billion in cash. There may be rewards to reap from the acquisition of Elpida. But will the optimism spread across the industry, or trickle down to shareholders?
Micron Making Moves: Are Semiconductor Stocks Set For A Surge?
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