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

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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 »