New Street Upgrades Micron to Buy, Cites Structural Shift in Memory Market
New Street Research upgraded Micron Technology to buy, arguing that the memory chip market has evolved beyond its traditional cyclical nature.
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Priya Anand · Equities & Earnings Desk · 17 Aug 2026 · 1 min read
New Street Research has upgraded Micron Technology to a buy rating, citing a fundamental change in the dynamics of the memory market.
According to the firm, memory is no longer strictly a cyclical story, pointing to structural shifts that alter traditional supply and demand patterns across the sector.
This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Priya Anand
Equities & Earnings Desk
Priya covers listed equities and corporate earnings, reading quarterly results and guidance for what they signal about sector health and forward valuations.
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