Micron reports net loss for FY1Q23, expects bleak outlook next year

Digitimes
Dec 21, 2022, 10:27 pm202 pts
Micron Technology has released its earnings report for fiscal first-quarter 2023, which ended on December 1, 2022, showing revenue of US$4.09 billion compared to US$6.64 billion for the prior quarter and US$7.69 billion for the same period last year. That translates into a 38.4% quarter-on-quarter decline and a…

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