Micron misses sales estimates as chip supply glut hurts prices

Micron misses sales estimates as chip supply glut hurts prices

5 years ago
Anonymous $L9wC17otzH

https://www.reuters.com/article/us-micron-tech-results/micron-misses-sales-estimates-as-chip-supply-glut-hurts-prices-idUSKBN1OH2EB

U.S. chipmaker Micron Technology Inc on Tuesday missed Wall Street estimates for quarterly revenue, hurt by falling prices for its memory chips due to a supply glut just as both business and consumer demand has become wobbly.