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Micron Technology, Inc. Reports Results for the Fourth Quarter and Full Year of Fiscal 2022

nghanayem

Active member
Does it indicate a serious PC and/or smartphone market pullback?

"Revenue of $6.64 billion versus $8.64 billion for the prior quarter and $8.27 billion for the same period last year."


For what it is worth Micron is holding back inventory to minimize the resulting decline in ASPs. Regardless of how their revenues would look if they weren't holding back inventory, it is undeniable that the PC and smartphone markets have slowed. Micron has said so themselves, and one can find confirmation of their claims within the earnings/statements of other memory makers, Apple, AMD, intel, Nvidia, etc.
 
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