MU & WDC Higher On News Of Samsung Cutbacks, AAPL Sees Decline In PC Sales
Schwab Network
English - April 10, 2023 19:41 - 3 minutes - 44.2 MB - ★★★★★ - 23 ratingsNews Commentary News Business News business news news commentary news Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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Micron (MU) and Western Digital (WDC) are trading higher on news of Samsung cutting memory chip production. Renita Young discusses MU as analysts see Samsung cutbacks as a chance for MU to cover the supply-demand balance. Mu's CEO is "confident" in the long-term demand outlook. She then goes over how Apple (AAPL) had a 40% decline in PC shipments. Tune in to find out more about the stock market today.