Leading memory chipmaker, Micron Technology is set to release its Q3 2016 earnings on June 30th. (Fiscal years end with August.) The company has seen a year-on-year decline (at an escalating rate) in its earnings over the last few quarters. A number of factors in addition to the weak macroeconomic environment are hindering the company’s performance. The continuing decline in PC sales has led to weaker memory chip prices, trends that have impacted the entire industry. The company’s growth rate has also been impacted by its lagging DRAM and NAND output, due to the ongoing technology transitions.

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