Micron warns of tougher times, plans to cut investments

By
Follow google news

Falling demand for PCs and smartphones lead to 30 percent investment cut.

Micron warns of tougher times, plans to cut investments
Micron Technology, the first major chipmaker to sound an alarm about falling demand for PCs and smartphones earlier this year, on Thursday warned of even tougher times ahead and said it was cutting its investments. "We made significant reductions to capex and now expect fiscal 2023 capex ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:
hardwarememorymicronpcssemiconductorssmartphones

Sponsored Whitepapers

Defend Your Network from the Next Generation of AI Threats
Defend Your Network from the Next Generation of AI Threats
Optus Enterprise Mobility
Optus Enterprise Mobility
Life After VMware: Scale Securely with mCloud by Micron21
Life After VMware: Scale Securely with mCloud by Micron21
Cut Cloud Costs Without Compromise: Discover mCloud by Micron21
Cut Cloud Costs Without Compromise: Discover mCloud by Micron21
What 4 wholesale distribution challenges aren’t going away anytime soon?
What 4 wholesale distribution challenges aren’t going away anytime soon?

Events

Most Read Articles

Qualcomm buys Arduino

Qualcomm buys Arduino
Google says it has cracked a quantum computing challenge

Google says it has cracked a quantum computing challenge
Woolworths cuts Big W loose from shared technology stack

Woolworths cuts Big W loose from shared technology stack
Kmart Australia and NZ will put a robot called TORY into every store

Kmart Australia and NZ will put a robot called TORY into every store
techpartner.news logo
Dave Stevens on Brennan's evolution and the need for Aussie tech unity
Dave Stevens on Brennan's evolution and the need for Aussie tech unity
Sydney's ITKnocks on contact centre AI and the slow death of the IVR
Sydney's ITKnocks on contact centre AI and the slow death of the IVR
"It's an exciting time to be part of the health and aged care sector"
"It's an exciting time to be part of the health and aged care sector"
Insicon founder Matt Miller on the coming 'tsunami' of compliance and educating boards about cyber security
Insicon founder Matt Miller on the coming 'tsunami' of compliance and educating boards about cyber security
Orro claims Australia first with managed digital asset discovery service
Orro claims Australia first with managed digital asset discovery service

Log In

  |  Forgot your password?