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micron reports q4 revenue down 25 yoy to 6 64b from 8 27b plans to cut total capital spending by 30 yoy and wafer fab equipment spending by nearly 50 yoy mike wheatley siliconangle

Micron to slash spending on new chipmaking gear by 50% to counter ‘unprecedented’ oversupply Reporting its fiscal fourth-quarter earnings today,Micron…

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