Tech Leads Markets Higher, Micron Rises, Nvidia's AI Rally, Lululemon CEO Exclusive 3/29/23
Squawk on the Street
00:00
The Cyclic Story of Micron
The semiconductor memory and storage industry is facing its worst downturn in the last 13 years with an exceptionally weak pricing environment. We have taken substantial supply reduction and austerity measures, including executing a company-wide reduction in force. There's nothing this quarter or next quarter that's going to make you feel, wow, I really got in the Micron.
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