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Micron Cuts DRAM and NAND Production by 20% from 3FQ22 to 4FQ22

Expects Y/Y bit supply growth to be negative for DRAM, and in single-digit percentage range for NAND in Calendar 2023.

Micron Technology, Inc. announced that, in response to market conditions, it is reducing DRAM and NAND wafer starts by approximately 20% vs. 4FQ22.

These reductions will be made across all technology nodes where the company has meaningful output. ...

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