Applied Materials’ Gloomy Memory-Chip Outlook Is Bad News for PCs

The outlook for memory chip demand keeps deteriorating. On Thursday, the largest chip-equipment maker in the world Applied Materials (ticker: AMAT ) reported slightly better-than-expected overall resu...

Lam Research to trim 7% of workforce, increase R&D spending as memory-chip crunch hits outlook

Lam Research Corp. shares declined in the extended session Wednesday after the silicon-foundry equipment supplier said it will cut its workforce by 7%, while increasing the portion it spends on R&...

Micron earnings: Memory-chip slowdown appears to be far from over

Micron Technology Inc. shares have fallen more than 45% this year, but the memory-chip specialist is not out of the woods yet, as demand for its core product continues to be weak. Micron MU, -2.01% is...