Elon Musk Backs Micron’s Pricing Restraint After a 4-Day Stock Slide

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Elon Musk voiced support for Micron Technology’s pricing policy following a four-day consecutive decline in the company’s stock price. JPMorgan bank simultaneously reported a backlog of 150 billion dollars and 26 long-term agreements with the memory chip manufacturer. Micron shares experienced a difficult period despite positive fundamental indicators in the semiconductor sector. Musk’s statement comes amid increased volatility in technology markets.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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