Tag: Data centers/colocation services
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Micron is reporting its biggest loss ever, but its stock gains, execs say, have reached stock trouble
Micron Technology Inc. reported its biggest quarterly loss ever due to a stock write-down of more than $1.4 billion on Tuesday, but shares held firm as executives suggested the memory market may be bottoming out. “We now believe that customer inventories have declined in several end markets and we see the balance between supply and […]