Micron Technology

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Intel Trims Q1 Profit Projections

An oversupply of flash memory chips is continuing to drive down prices

(Newser) - Falling prices for flash memory prompted chipmaker Intel Corp to trim its first quarter gross-profit projection slightly yesterday, driving share prices down nearly 3% in after-hours trading, reports Bloomberg. Analysts said oversupply for NAND flash chips—used in cameras, music devices, and mini-storage devices—would likely persist into the third... More »

Toshiba to Make Solid-State PC Disks

Joins competitors in effort to create demand for flash memory

(Newser) - Toshiba will start making flash-based solid-state drives for laptops, the company said Monday. The Japanese memory chip maker is trying to create more demand for flash chips, reports Reuters. Solid-state drives, which offer a faster boot-up than hard disk drives, are used in portable devices, but aren't mainstream yet in... More »

Market Down, But News Is Good

Tech stocks drop, but new signs crisis is ending

(Newser) - Stocks fell today as the tech sector dragged the Dow down 79.26 points to 13,968.05—but the mood was upbeat nonetheless, as a jobs survey fueled hopes  that payrolls began to rebound in September. All eyes are on a key hiring report coming out Friday; good news... More »

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