Be the first to like this
Memory chip maker Micron Technology (NAS: MU) recently came out with fiscal third-quarter losses that were much wider than what analysts had expected. However, what's proved to be even more disappointing is the fact that Micron has made its biggest yet, fourth consecutive quarterly loss.
So what seems to be the real problem with Micron? Before we delve into the details, let's take a closer look at the numbers.