• (PLX AI) – Micron Technology says expectations for CY22 industry bit demand growth for DRAM and NAND have declined since our June 30, 2022 earnings call.
  • • Micron Technology expects a challenging market environment in FQ4 22 and FQ1 23
  • • Micron Technology says FQ4 revenue may come in at or below the low end of the revenue guidance range provided in our June 30 earnings call
  • • Micron Technology says expect free cash flow to be negative in FQ1
  • • Micron Technology expects FY23 total capex to be down meaningfully versus FY22

Quelle: PLX AI