The semiconductor boom of the past two years appears to be ending. Memory-chip maker Micron Technology Inc. MU, -1.32% gave a downbeat forecast for its next fiscal quarter Thursday, predicting Read more
Tag: Earnings Projections
Micron’s weak forecast adds to Wall Street concerns that chip demand is drying up
Micron Technology Inc. added to Wall Street fears late Thursday that customers may have loaded up on chips during the shortage after the memory-chip maker forecast a poor outlook following Read more
Paychex CEO sees no sign of recession yet, but sales growth expected to slow
Shares of Paychex Inc. slumped Wednesday, after the human resources services company reported upbeat fiscal fourth-quarter profit and revenue and provided a reassuring view on the economy, but still indicated Read more