Prolonged U.S/China trade dispute (or a sudden resolution) could significantly change end market demand conditions, notes Matthew Bryson on Micron (MU). He gauges MU in the market. He talks about how MU plans $3.7B chip plant investment with Japan's backing. He then goes over ramifications of China's security review of MU. He also mentions factors to watch in the semiconductor industry. He highlights how there are some questions that surround the scope of Chinese Office of Cybersecurity Review. Wedbush as an outperform rating on MU with a $65 price target. Tune in to find out more about the stock market today.
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