5 months ago
Micron to exit consumer memory business amid global supply shortage
Dec 3 (Reuters) - Memory chipmaker Micron Technology said on Wednesday it will exit its consumer business, as it doubles down on advanced memory chips used in artificial intelligence data centers amid a global supply shortage of the essential semiconductors.
Shares of the company were down 2.6% in afternoon trading.
Micron's move to dissolve its consumer business comes against a backdrop of worldwide strain in memory supply chains, with tight availability of semiconductors ranging from flash chips used in smartphones to
Dec 3 (Reuters) - Memory chipmaker Micron Technology said on Wednesday it will exit its consumer business, as it doubles down on advanced memory chips used in artificial intelligence data centers amid a global supply shortage of the essential semiconductors.
Shares of the company were down 2.6% in afternoon trading.
Micron's move to dissolve its consumer business comes against a backdrop of worldwide strain in memory supply chains, with tight availability of semiconductors ranging from flash chips used in smartphones to
11 months ago
US imposes new rules to curb semiconductor design software sales to China #technology #business #AcquisitionsandMergers #Semiconductors #ChinaTech #TradeRegulations
