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Fly News Breaks for July 25, 2017
WDC, MU
Jul 25, 2017 | 08:54 EDT
Cowen analyst Timothy Arcuri noted Hynix reported record gross and operating margins on continued strength in average selling prices that offset lower bits. The analyst said 3D NAND challenges leaves room for both Micron (MU) and Western Digital (WDC) to gain market share.