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Micron cuts capital spending to stem 'unprecedented' oversupply cycle

Por: MarketWatch Politics September 30, 2022

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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 capex management and supply growth management,” said Sanjay Mehrotra, Micron’s chief executive, on a conference call after the release of results. Micron specializes... + full article



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