https://www.theregister.co.uk/2018/12/19/micron_q119_results/

Chip maker Micron has slammed the brakes on production and expenses entering calendar 2019 in anticipation of falling demand.

The admission came as the company reported revenues of $7.9bn for Q1 of fiscal '19 ended 29 November, up 16 per cent year-on-year but an abrupt slowdown from the 40 per cent expansion in the previous quarter and down 58 per cent on the one before that. Q1 net profit was $3.29bn, 23 per cent higher than a year ago.