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

U.S. chipmaker Micron Technology Inc gave on Tuesday 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.