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Trade War to Worsen Memory Downturn and Hurt Micron’s Earnings

Puja Tayal
Trade War to Worsen Memory Downturn and Hurt Micron’s Earnings

The memory industry has been in a cyclical downturn as supply exceeded demand in 2018. As memory is an oligopoly market, chipmakers reduced production to bring industry supply in line with demand. These efforts started to show results as decline in DRAM (dynamic random access memory) prices slowed.