Micron Technology’s 4Q guidance didn’t meet lofty expectations, but continued strong progress and its fundamentals support a positive thesis, says Matt Bryson, analyst at Wedbush, in a research note. Bryson believes the memory-chip maker issued a forecast that understates likely price improvement and notes its positive commentary around high bandwidth memory products. “We see the continued strong progression in fundamentals as supporting our positive thesis and we expect financials… will continue to improve at an accelerated rate, for some time to come,” Bryson says.