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JPMorgan Chase & Co. held an investor day where Micron Technology Inc. did not update guidance but increased its 2024 capex expectation to about $8B. Micron expects its HBM business to be worth billions in 2025.
Micron $MU didn't update guidance at the JPM conf, however reaffirms prior comments on pricing. $MU slightly increased its 2024 capex expectation to the high end of about $8B, up from $7.5B. They anticipate HBM to be a multi-billion dollar business in 2025. - JPM Conf.
$MU: JPM Conf. going on! š
$MU: JPM Investor Conf. going on! š