Micron Cuts Capex, Wafer Starts
The company also resumed shipping some products to Huawei
By Dylan McGrath, EETimes
June 26, 2019
SAN FRANCISCO — U.S. memory chip supplier Micron Technology said that it would reduce its capital-spending plans for fiscal 2019 and 2020 and further trim wafer starts amid an ongoing demand slowdown that has thrown the memory market into a tailspin.
Micron said that it would slash capital spending for its fiscal 2019, which closes in August, to about $9 billion, down about 10% from the company’s estimate of about $10.5 billion at the start of the fiscal year. Micron said that it expects its fiscal 2020 capital expenditures to be “meaningfully lower” than fiscal 2019.
To read the full article, click here
Related Semiconductor IP
- Flash Memory LDPC Decoder IP Core
- SLM Signal Integrity Monitor
- All Digital Fractional-N RF Frequency Synthesizer PLL in GlobalFoundries 22FDX
- USB 4.0 V2 PHY - 4TX/2RX, TSMC N3P , North/South Poly Orientation
- TSMC CLN5FF GUCIe LP Die-to-Die PHY
Related News
- Chartered still losing money, cuts capex
- ST to 're-deploy' 1,000 engineers amid Q1 losses, CapEx cuts
- TSMC Cuts Capex by $1 Billion
- SMIC Shanghai Starts Construction of a New 12-Inch Wafer Fab
Latest News
- Rapidus Achieves Significant Milestone at its State-of-the-Art Foundry with Prototyping of Leading-Edge 2nm GAA Transistors
- SEMIFIVE Files for Pre-IPO Review on KRX
- Innosilicon Scales LPDDR5X/5/4X/4 and DDR5/4 Combo IPs to 28nm and 22nm, Cementing Its Position as the ‘One Stop’ for Memory Interface Solutions
- Synopsys Completes Acquisition of Ansys
- Zephyr 4.0 Now Available for SCR RISC-V IP