Bank of America downgrades Micron, says recovery is ‘unlikely’ this year
A recovery this year is “unlikely” for Micron Technology, given weak consumer demand for smartphones and PCs, according to Bank of America. The memory chip maker saw its shares fall after hours Thursday after issuing a warning on low chip demand.
https://www.cnbc.com/2022/07/01/bank-of-america-downgrades-micron-says-recovery-is-unlikely-this-year.html