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Micron projects FY Q2 sales to grow over 2x YoY to $18.7B and adjusted operating income to rise over 5x to $11.3B, signaling higher memory chip prices in 2026 (Dan Gallagher/Wall Street Journal)

Dan Gallagher / Wall Street Journal : Micron projects FY Q2 sales to grow over 2x YoY to $18.7B and adjusted operating income to rise ove...

3 December 2024

Microchip Technology plans to close a plant in Tempe, Arizona, in the September 2025 quarter, affecting about 500 employees, and lowers its Q3 revenue forecast (Zaheer Kachwala/Reuters)

Zaheer Kachwala / Reuters:
Microchip Technology plans to close a plant in Tempe, Arizona, in the September 2025 quarter, affecting about 500 employees, and lowers its Q3 revenue forecast  —  Microchip Technology (MCHP.O) lowered its third-quarter revenue forecast on Monday and announced the closure of its wafer manufacturing factory …

Posted from: this blog via Microsoft Power Automate.

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