Micron’s Stock Drops Most in 6 Months as Deals Yet to Pay Off

  • U.S. company reporting losses, cutting jobs in tough market
  • Samsung still has scale, spending advantage over Micron

Micron Technology Inc. stock fell the most since January after reporting a loss and predicting another one this quarter, indicating its attempt to bring order to the brutal memory chip business by buying out rivals hasn’t yet succeeded.

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