Einhorn: Micron Technology Is One Of The Largest Players In Industry

David Einhorn has picked up a new long position in Micron Technology, Inc. (NASDAQ:MU) in this quarter. While speaking at the Robin Hood Investors Conference, Einhorn disclosed Micron Technology, Inc. (NASDAQ:MU) as his best idea. The conference is closed to the media but the stock pick leaked on Twitter and then spread all over the place.

Einhorn on consolidation of semiconductor industry

While speaking to CNBC during the Halftime Report with Scott Wapner, Einhorn further elaborated on the position. He said the semiconductor industry has pretty much consolidated, and it now includes just three main players, which includes Samsung Electronics and Micron.

Einhorn also mentioned that he was shorting Micron Technology, Inc. (NASDAQ:MU) a...