Semiconductor Stocks Slid in Morning Trading After Micron Reduced Q4 Chip Sales Forecast
Tiger Newspress2022-08-09
Semiconductor stocks slid in morning trading after Micron reduced Q4 chip sales forecast.
Micron forecast adjusted revenue for the current quarter at $7.2 billion, plus or minus $400 million and said that its fourth-quarter revenue may come in at or below the low end of the forecast range provided on its June 30 earnings call.
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