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Micron’s Shares Tumble On Weak Demand Expectations For Consumer Chips

The Information · Anita Ramaswamy · last updated

Micron Technology, which makes chips for memory and storage, reported on Wednesday an 84% year-over-year increase in revenue to $8.7 billion in the November quarter, due in large part to growth in its sales of high-bandwidth memory chips, which are used in data centers alongside GPUs including …

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