Micron gives bleak profit outlook, citing trade uncertainty

By Neha Malara (Reuters) - Micron Technology Inc forecast first-quarter profit below Wall Street targets, saying it was "mindful" of economic and trade uncertainty even though there were signs of an uptick in memory chip demand, sending its shares down nearly 6.5%. The long-drawn U.S.-China trade war has impacted chipmakers already reeling under a saturated smartphone market, especially after the Trump administration blocked access to Huawei , the world's largest telecoms equipment maker and Micron's single largest customer

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