Micron
Technology posted tender results for its fiscal first quarter finished Dec. 1, but the chip maker projected a sharp enhancement in situations for the memory industry in the second 50 percent of the company’s August 2023 fiscal 12 months.
The chip maker’s challenging quarter displays softening demand from customers and elevated inventories in key finish marketplaces, like PCs, smartphones, and servers. While the weak point in all those segments is very well known, Micron (ticker: MU) even so offered a sobering outlook for the up coming several quarters, lowering prices whilst it awaits an advancement in macroeconomic disorders.
Micron
Technology posted tender results for its fiscal first quarter finished Dec. 1, but the chip maker projected a sharp enhancement in situations for the memory industry in the second 50 percent of the company’s August 2023 fiscal 12 months.
The chip maker’s challenging quarter displays softening demand from customers and elevated inventories in key finish marketplaces, like PCs, smartphones, and servers. While the weak point in all those segments is very well known, Micron (ticker: MU) even so offered a sobering outlook for the up coming several quarters, lowering prices whilst it awaits an advancement in macroeconomic disorders.
