Micron Downgraded to ‘Underweight’ Rating as PC, Mobile Demand Slows With Inflation

Micron's stock received a rare ‘underweight’ rating from a brokerage as the memory-chip maker faces heavy exposure to mobiles and PCs amid rising inflation leading to limited purchase among customers. Micron shares were down about 6 percent in early trading on Friday.

From gadgets.ndtv.com Read Full Story here https://ift.tt/7KCws3R