Por: MarketWatch Business December 22, 2022
“As the quarter progressed, the market environment overall deteriorated, and we had to work hard to deliver the results that we did,” Sumit Sadana, Micron’s chief business officer, said in an interview with Barron’s. “The supply/demand imbalance has been pretty challenging.” Among other steps in response to the soft market and excess customer inventories, Micron announced plans to cut staffing by 10%, and it one again trimmed its... + full article
MarketWatch USA Business December 22, 2022
“As the quarter progressed, the market environment overall deteriorated, and we had to work hard to deliver the results that we did,” Sumit Sadana, Micron’s chief business officer, said in an interview with Barron’s. “The supply/demand imbalance has been pretty... + más
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CNBC USA Tech December 21, 2022
In this articleMicron Technology headquarters in Boise, Idaho, March 28, 2021.Jeremy Erickson Bloomberg Getty ImagesSemiconductor maker announced on Wednesday that it would reduce its headcount by about 10% in 2023, in the latest example of a technology industry slowdown... + más
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Rep. Alexandria Ocasio-Cortez and other New York progressives — who helped kill Amazon’s plans for a Queens headquarters in 2019 — have been conspicuously quiet about an upstate semiconductor plant that’s expected to become far pricier for taxpayers. Chipmaker Micron is... + más
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Forbes USA Business October 08, 2022
Getty Images Key Takeaways Computers power everything, from the phones in our pockets to the cars we drive. As a result, semiconductors are integral to almost everything we own, and Micron is the global leader in this industry. As an investor, you've likely been hearing a... + más
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The Boston Globe USA Business October 04, 2022
Micron announced Tuesday that it planned to spend as much as $100 billion over the next 20 years or more to build a huge computer chip factory complex in upstate New York, the latest move by a major semiconductor maker to invest in the United States.The commitment by Micron is a... + más
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MarketWatch USA Politics 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 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
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