Micron Currently Estimates That The Earthquake Will Result In An Impact Of Up To A Mid-single Digit Percentage Of A Calendar Quarter's Company-level Dram Supply
Portfolio Pulse from Charles Gross
Micron Technology, Inc. estimates that the recent earthquake will affect up to a mid-single digit percentage of a calendar quarter's company-level DRAM supply, as disclosed in their 8-K filing.
April 11, 2024 | 10:53 am
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Micron Technology, Inc. anticipates the recent earthquake to affect up to a mid-single digit percentage of its DRAM supply for a calendar quarter.
The earthquake's impact on Micron's DRAM supply could lead to potential supply shortages or increased costs, negatively affecting the company's short-term financial performance and possibly its stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100