Markets

Micron wins praise from Elon Musk for not being too greedy

Summary

Elon Musk has commended memory-chip manufacturer Micron for showing restraint rather than overcharging customers. Although major suppliers in the industry still have significant potential to increase their prices, Micron is reportedly avoiding excessive markups.

Top memory-chip providers have ample room to raise prices further, but Musk thinks Micron isn’t squeezing its customers to an excessive degree.

Source: Read the full story at MarketWatch.com - Top Stories

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