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Benzinga
Benzinga
Business
Anusuya Lahiri

Here's Why Micron, TSMC, AMD, Nvidia, Qualcomm And Other Chipmakers Are Trading Lower Premarket

Micron Nasdaq AMD Nvidia TSM MU Piper Sandler

Chipmaking stocks are bleeding post Micron Technology, Inc's (NASDAQ:MU) cautious Q4 guidance. 

Piper Sandler saw DRAM, and NAND pricing decline, affecting Micron as mobile and notebook end-markets face continued weakness based on inSpectrum's June monthly memory contract pricing data.

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