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Maker of DRAM technologies $MU said that its 2Q16 results were impacted by continued weakness in the PC market, seasonality and timing of product launches in certain market segments. The company is simultaneously ramping, qualifying and delivering several products, including 20 nm DDR4, low power DDR4 and 3D NAND-based solutions.
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.