Asian Chipmakers Rally as Micron’s Bullish Outlook Signals Easing Supply Glut
Asian Chipmakers Rally on Micron’s Positive Outlook Bullish Outlook Indicates Easing Supply Glut Shares of Asian chipmakers rallied on Thursday after Micron Technology’s bullish outlook overnight, which indicated the sector’s supply glut may finally be easing. Micron Reports Strong Third Quarter Earnings The U.S. chipmaker reported third quarter earnings that beat estimates, thanks to higher…