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Micron Technology Inc (NASDAQ:MU) was down in premarket trading Friday.
U.S. stock futures also fell Friday ahead of February employment data, with Nasdaq 100 futures dropping 0.49%.
South Korean Memory Stocks Pull Micron Down
Micron is one of the largest semiconductor companies in the world, specializing in memory and storage chips. Its primary revenue stream comes from dynamic random access memory, or DRAM, and it also has minority exposure to NAND flash chips.
Rival memory chipmakers tumbled on the Korea Exchange on Friday.
Samsung Electronics Co Ltd (OTC:SSNLF) fell 1.77%, closing at 188,200 South Korean won. SK Hynix Inc dropped 1.81% to …
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