Thursday, June 30, 2022

Micron Forecasts Q4 Earnings Below Expectations, Raises Concern About Chip Down Cycle

Micron announced a significantly weaker than expected business outlook on Thursday. The company forecast adjusted revenue for the current quarter at $7.2 billion (nearly Rs. 56,800 crore), plus or minus $400 million (nearly Rs. 3,200 crore). This has raised concern that following nearly two years of strong demand, the industry was turning towards a down cycle.

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Apple's UI executive poached by Meta, and three other executives leave in Apple AI exodus

The number of Apple execs leaving the company continues to rise, but most are being replaced. from Latest from TechRadar https://ift.tt/dB...