IDC "Global shipments are now expected to total 403.1 million units in 2023, down from the 429.5 million units forecast in December 2022 by the IDC Worldwide Quarterly Personal Computing Device Tracker."
DRAM Exchange Spot price continues to tank - Leading indicator
CAPEX is too high to cut production $150M per unit (20 Units?) $3B in depreciation expense over 5 years whether you build or not.
Micron may need to do "material inventory write downs" amid supply glut "exec" from Market Watch
Money to be made on the short side$Micron Technology(MU)$
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