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Micron (MU +3.2%) is rallying after Taiwanese DRAM vendors Nanya and Inotera report M/M...

Micron (MU +3.2%) is rallying after Taiwanese DRAM vendors Nanya and Inotera report M/M increases of 20.4% and 5.7%, respectively, for their October revenue. On a Y/Y basis, both companies, who have been bleeding cash, saw their sales decline. Meanwhile, Powerchip continues to shift manufacturing capacity away from PC DRAM, something that could improve the depressed market's supply/demand balance.
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