The memory chip sector, known for boom-and-bust cycles, is facing one if its worst-ever routs, as an inventory glut and a fight for marketshare crater prices
This time was supposed to be different. — The memory-chip sector, famous for its boom-and-bust cycles, had changed its ways.
This time was supposed to be different for memory chip makers. Better management and broader markets were going to make the cyclical sector more predictable. Now the likes of Samsung and Micron face a historic wipeout @soheefication @ianmking explain 🧵 https://www.bloomberg.com/.…
“The chip industry thought that suppliers were going to have better control,” said Avril Wu, senior research vice president at TrendForce. “This downturn has proved everybody was wrong.” https://www.bloomberg.com/...
“Historic Crash for Memory Chips Threatens to Wipe Out Earnings Falling gadget demand has dealt massive blow to Hynix, Micron Chip industry bracing for Samsung's earnings on Tuesday” https://www.bloomberg.com/... https://twitter.com/...