At the Citi 2015 Global Technology Conference last week, leading memory products manufacturer Micron Technology admitted to seeing signs of stability in the PC market, with reductions in inventory throughout the network and the channel. This could give some breathing room for the company, which has seen a steep decline in its valuation since the start of 2015. Year to date, Micron's stock is down more than 50%. Weaker-than-expected PC sales, adverse currency headwinds, and Micron's guidance that...
Micron: Signs of Stabilizing PC Demand And A Focus on New Growth Segments Bodes Well
Forbes - 16 Sep 2015 21:41
At the Citi 2015 Global Technology Conference last week, leading memory products manufacturer Micron Technology admitted to seeing signs of stability in the PC market, with reductions in inventory throughout the network and the channel. This could give some breathing room for the company, which has seen a steep decline in its valuation since the start of 2015. Year to date, Micron's stock is down more than 50%. Weaker-than-expected PC sales, adverse currency headwinds, and Micron's guidance that...
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