Yahoo! Tech
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2024-12-18 21:30:53
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2024-12-18 21:30:53Event JSON
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"Micron Technology Inc., the largest US maker of computer memory chips, gave a weak sales forecast for the current quarter, hurt by sluggish demand for smartphones and personal computers. The company's fiscal second-quarter revenue is expected to be around $7.9 billion, below the average analyst estimate of $8.99 billion. Profit will also be lower than expected, at $1.53 a share, minus certain items. Despite strong orders for components used in artificial intelligence computing, Micron still faces lackluster demand from phone and PC makers, which consume the majority of its chip volume."
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