News Formal

Chip stocks – including Micron, Seagate – are tanking as Wall Street sees falling memory chip demand

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

South Africa News News

Chip stocks – including Micron and Seagate – are tanking again after Wall Street sees falling memory chip 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 ZA

South Africa South Africa Latest News, South Africa South Africa 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 plunge after warnings on demand from Wall St and a key industry playerMorgan Stanley says the memory chip market's fundamentals are getting worse, citing rising pricing pressure and inventories.
Source: CNBC - 🏆 12. / 72 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 »