Chipmaker Micron Predicts Steep Loss in Current Quarter

Micron faces a mixed financial outlook with a projected loss in the fiscal first quarter, yet better-than-expected sales. The company has experienced consecutive sales declines but anticipates a return to growth. Market dynamics show consumer electronics remain weak, while data centers are still managing excess inventory. The 2025 outlook appears positive, with pricing stabilization expected in 2024. Challenges include US-China policy impacts, but analysts are optimistic about the long-term outlook.

What is the expected trend for Micron's pricing in 2024 according to the commentary?

What challenges does Micron face in the near term regarding sales?