Por: MarketWatch Business October 01, 2022
However, analysts had different ideas about when the glut in the memory market could be worked out of the system. The glut developed quickly after two years of global chip shortages brought on by the COVID-19 pandemic that led customers to double- or triple-buy their normal orders, resulting in higher inventories. While the magnitude of the recovery in the memory market is “likely to be a key debate,” Evercore ISI analyst C.J. Muse said “a... + full article
MarketWatch USA Business September 30, 2022
“As we look ahead, macroeconomic uncertainty is high and visibility is low,” Micron Chief Financial Officer Mark Murphy told analysts on a conference call. He forecast the company’s inventories will continue to rise further from their high levels in the first half of... + más
Micron earnings suggest the chip downturn could be worse than Wall Street expects | MarketWatch
Micron cuts capital spending in half to stem oversupply cycle, shares slip | MarketWatch
MarketWatch USA Politics September 30, 2022
Micron cuts capital spending to stem 'unprecedented' oversupply cycle | MarketWatch
Read: That huge miss was likely expected given the company last quarter was that there may be pockets of oversupply in the chip market following two years of COVID-19 pandemic-driven shortages. “Historically, the DRAM industry in recent years has been disciplined in terms of... + más
WPLG Local 10 USA Tech September 30, 2022
TOKYO – Japan is providing a major U.S. chipmaker a subsidy of up to 46.6 billion yen ($322 million) to support its plan to produce advanced memory chips at a Hiroshima factory, the Japanese trade minister said Friday. The announcement to subsidize Micron Technology comes on... + más
Japan to pay up to $320M for US company's chip production | ABC News
Japan to pay up to $320M for US company’s chip production | Orlando Sentinel
ABC News USA Tech September 30, 2022
TOKYO -- Japan is providing a major U.S. chipmaker a subsidy of up to 46.6 billion yen ($322 million) to support its plan to produce advanced memory chips at a Hiroshima factory, the ese trade minister said Friday. The announcement to subsidize Micron Technology comes on the... + más
Japan to pay up to $320M for US company's chip production | WPLG Local 10
MarketWatch USA Business September 29, 2022
For the fiscal first quarter, the Boise, Idaho-based chip maker said it expects between an adjusted loss of 6 cents and net income of 14 cents a share on revenue of $4 billion to $4.5 billion. Analysts had forecast 69 cents a share on revenue of $5.71 billion. Read: That huge... + más
MarketWatch USA Business September 24, 2022
See also: With the U.S. economy faring relatively well and pushing the dollar higher as compared to other currencies, some analysts are trimming their estimates on Nike for the quarter or the year. Analysts at Credit Suisse said in research note Friday that they were lowering... + más
North Carolina woman prints her resume on a cake, has it delivered to Nike | 10 WBNS
Nike Postpones Next Travis Scott Drop as Houston Officials Decline 3rd Party Investigation Into Astroworld Tragedy | The Root
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