Micron (MU) has issued an update.
Micron Technology has reported a swift recovery from the April 3, 2024 earthquake in Taiwan, with no lasting damage to facilities or long-term DRAM supply capabilities. The company’s team members are safe, and its investments in infrastructure resiliency are paying off, resulting in a well-managed restoration of DRAM production. Micron anticipates the earthquake may affect a mid-single digit percentage of their quarterly DRAM supply.
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