WS #11563
Micron signs long-term strategic customer agreements with Ford and GM, locking in memory demand from automotive sector, bullish for memory trade. Samsung Electronics Q2 operating profit of 89.4 trillion won beats LSEG SmartEstimate of 87.3 trillion, confirming strong AI memory demand. Microsoft confirms 4,800 job cuts, including 3,200 from Xbox, marking largest Xbox restructuring in history; bearish for MSFT near-term.
Micron Strategic Customer Agreements
Micron signs long-term strategic customer agreements with Ford and GM, locking in memory demand from automotive sector, bullish for memory trade.
Samsung Electronics Q2 operating profit of 89.4 trillion won beats LSEG SmartEstimate of 87.3 trillion, confirming strong AI memory demand.
Microsoft confirms 4,800 job cuts, including 3,200 from Xbox, marking largest Xbox restructuring in history; bearish for MSFT near-term.