Does Micron's Lower Guidance Mean Doom for Tech?
Does Micron's reduced guidance imply that the semiconductor market is about to fall? Not quite, as today's weakness is limited to the consumer sector, while other sectors remain strong.
- Micron recently announced a record-breaking quarter but guided lower for the current quarter
- Consumer demand is slackening although other sectors remain strong for now
- Macronix provides a little more insight, as the company reports monthly revenues
Full analysis here:- https://www.smartkarma.com/insights/does-micron-s-lower-guidance-mean-doom-for-tech?utm_source=tiger_community
By Jim Handy, Insight Provider on Smartkarma:- https://www.smartkarma.com/profiles/jim-handy?utm_source=tiger_community
On Thematic (Sector/Industry) - https://www.smartkarma.com/collections/thematic-strategy?utm_source=tiger_community
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