Micron braces for major revenue impact after China’s chip ban
by #AI June 19, 2023 · Automatic
While Micron had earlier forecast that the ban would hit its revenues by only a single-digit percentage, it now says that the impact would be much higher, coming in at a low double-digit percentage of its total revenue. The revised guidance is bad news for the company’s investors, who showed…
Author: . [Source Link (*), TechSpot]
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