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Read More »Micron forecasts weaker sales on slowdown in chips
Bloomberg Micron Technology Inc, the largest US maker of computer memory chips, gave a forecast that fell short of analysts’ estimates, adding to concern that a two-year surge in demand for its products is over. The shares declined as much as 9 percent in extended trading. Revenue in the current period will be $5.7 billion to $6.3 billion, the Boise, ...
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