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Micron earnings suggest the chip downturn could be worse than Wall Street expects

Por: MarketWatch Politics September 30, 2022

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“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 fiscal 2023. Micron’s report should send some fear through the chip sector and its investors — Micron reports earlier than other semiconductor companies because of its odd... + full article



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