Latest News Updates From Prarthana Prakash and Ian King

Government, Business, Technology

Micron鈥檚 Warning Adds to Evidence of Collapsing Demand for Chips

Micron Technology Inc., the leading U.S. maker of memory semiconductors, became the latest chipmaker to declare that demand is falling off rapidly. It warned investors that revenue won鈥檛 meet projections, sending industry stocks tumbling.

August 9, 2022