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The Ratings Game: Micron's tanking stock points to anemic PC market, longer-term concerns
2015-06-27 14:41:00| Semiconductors - Topix.net
Shares of personal computer chip makers sold off on Friday after a weaker-than-expected quarterly report and outlook from Micron Technology Inc. shed light on the anemic PC market. which manufacturers the dynamic random access memory chips that are used in personal computers, tanked 18% to a 19-month low in midday trade as investors digested the company's disappointing third-quarter earnings report.
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Category:Electronics and Electrical