Western Digital and Micron have had substantial inventories to work through, causing memory prices to drop significantly. Samsung’s decision to reduce memory chip production should alleviate the ...
A lot has happened since our last note on Micron; reports of weaker data center capex spending, the CAC announcing its investigation, and Samsung pledging to cut memory chip production. We remain ...
Bottom line: The NAND flash industry is facing mounting pressure due to a combination of weak demand, oversupply, and declining prices. This challenging market environment has persisted throughout the ...
Corrects first paragraph to say forecast is for bigger fourth-quarter loss, not profit below estimates May 8 (Reuters) - Memory chip firm Western Digital Corp WDC.O forecast fourth-quarter revenue ...
SEOUL, Jan 19 (Reuters) - Asia's leading memory chip makers are expected to show a pick-up in the sector's recovery when they report quarterly results, as higher chip prices and improving demand boost ...
SEOUL, July 26 (Reuters) - South Korea's SK Hynix (000660.KS), opens new tab said on Wednesday the memory chip market was beginning to recover from a deep downturn amid robust artificial intelligence ...