News Formal

Chip stocks including Micron plunge after warnings on demand from Wall St and a key industry player

  • 📰 CNBC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

Ireland News News

Micron, chip stocks plunge after Morgan Stanley warns about 'weakening' semiconductor demand

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Chip stocks – including Micron, Seagate – are tanking as Wall Street sees falling memory chip demandChip stocks – including Micron and Seagate – are tanking again after Wall Street sees falling memory chip demand.
Source: CNBC - 🏆 12. / 72 Read more »

Chip stocks bounce back, but Morgan Stanley has concerns about the futureEven with Tuesday’s bounceback, chip-related stocks are caught in a downdraft fueled by concerns of oversupply and analysts at Morgan Stanley don’t think the sector is quite out of the woods yet. Canada will buy your chips, now that MJ is legal
Source: MarketWatch - 🏆 3. / 97 Read more »

Micron CEO: Memory-chip market is ‘structurally different’ in post-PC worldThe explosion of devices that use memory and storage chips over the past few years has significantly altered traditional chip supply and demand cycles and in the long run that’s good for chip makers, according to Micron Technology Inc. Chief Executive Sanjay Mehrotra.
Source: MarketWatch - 🏆 3. / 97 Read more »