Micron sales miss target as chip glut hurts prices

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

…read more

Get our FREE Newsletter! Discover Stocks with +1,000% Upside Potential!
Join over 100,000 investors and business leaders worldwide. Discover the Next Super Stock before the rest of the crowd.
Your privacy is our priority. Your email address will never be sold or shared with anyone else.

Source:: Reuters – Business News