Micron Warns Of Slowdown In Chip Sale

A significant supplier of memory chips for PCs and smartphones said on Thursday that for the rest of 2022, smartphone sale

will be significantly lower than originally anticipated due to a decline in customer demand. Sanjay Mehrotra, CEO

Micron, predicted a 5% decrease in smartphone unit volume from the previous year during an earnings

call with analysts. According to Micron, analysts were anticipating growth of about 5%.