Micron sees dip in chip demand as PC makers face parts shortages

By Manas Mishra
(Reuters) - Micron Technology Inc forecast current-quarter revenue below analysts' expectations and warned that shipments for its memory chips were set to dip in the near term as its customers making personal computers face shortages of other parts.
Shares of the Apple Inc-supplier, which also said it was experiencing shortages within its own supply chain for some components, fell nearly 4% in extended trading on Tuesday.
The company makes both NAND memory chips that serve the data storage market and DRAM memory chips that are widely used in data centers, personal computers and other devices.
Micron, one of the world's biggest memory chip suppliers, said it expects shipments of both chips to sequentially decline in the near term.
...


Read More on Datafloq

Comments

Popular posts from this blog

Underwater Autonomous Vehicles Helping Navy Get More for the Money 

Canada regulator seeks information from public on Rogers-Shaw deal