Jamie McKane
MyBroadband Journalist
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- Mar 2, 2016
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Micron predicts weak sales due to reduced demand for memory chips
Micron Technology Inc., the largest U.S. maker of computer memory chips, gave a forecast that fell short of analysts’ estimates, adding to concern that a two-year surge in demand for its products is over.
The shares declined as much as 9 percent in extended trading.
[Bloomberg]
Micron Technology Inc., the largest U.S. maker of computer memory chips, gave a forecast that fell short of analysts’ estimates, adding to concern that a two-year surge in demand for its products is over.
The shares declined as much as 9 percent in extended trading.
[Bloomberg]
