(https://www.marketwatch.com/story/flash-crash-briefly-fells-sk-hynix-while-socgen-strategist-says-korean-shakeout-is-nearly-done-8872681e?mod=mw_rss_topstories) in Seoul this morning — a signal that memory oversupply is real, not priced. What matters forensically on MU: the company posted a net margin last quarter, but revenue growth YoY is running at while net income growth is only matching that pace.

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