Micron sales miss target as chip glut hurts prices

Micron sales miss target as chip glut hurts prices

5 years ago
Anonymous $L9wC17otzH

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

U.S. chipmaker Micron Technology Inc on Tuesday gave quarterly sales and profit forecasts well below Wall Street estimates, citing a market glut of memory chips as consumer and business demand for phones and computers is weakening.

Micron sales miss target as chip glut hurts prices

Dec 19, 2018, 12:26am UTC
https://www.reuters.com/article/us-micron-tech-results/micron-sales-miss-target-as-chip-glut-hurts-prices-idUSKBN1OH2EB >U.S. chipmaker Micron Technology Inc on Tuesday gave quarterly sales and profit forecasts well below Wall Street estimates, citing a market glut of memory chips as consumer and business demand for phones and computers is weakening.