Prices this quarter will be driven by geopolitics, major producer supply cuts, economic data out of China and Eurozone and incremental demand expectations
so as we navigate through these changing times on the global front, of course we don t lose sight of what we need to do to maintain our technology, leadership and manufacturing excellence and strong products that meet the requirements of our customers. yeah, i mean, we re living in unique economic times, aren t we? there s rising inflation, there s rising interest rates, there s the war in ukraine, geopolitical tensions. how far does the us china trade war affect micron s business? so, with respect to some of the factors that you mentioned, the russia ukraine war, the covid lockdowns in china, of course, the high inflation impacting consumer demand for electronics goods, and certainly the macroeconomic environment that is resulting in some cautionary sentiment on part of the businesses to buy products, all of these trends have certainly led to a change in the demand expectations for memory.
and certainly the macroeconomic environment that is resulting in some cautionary sentiment on part of the businesses to buy products, all of these trends have certainly led to a change in the demand expectations for memory. and today, as you know, customers during the covid period had supply chain shortages, they had semiconductor shortages, and they scrambled to get supply of semiconductors, and they built high levels of inventory. these are some of the factors impacting the demand to micron and to other memory suppliers today as well. and inventory adjustments are happening at our customers. the ordinary person doesn t get much insight into how something like the war in ukraine affects a semiconductor business. could you elaborate on that? well, you know, the war in ukraine certainly weakened the sentiment around
changing times on the global front, of course we don t lose sight of what we need to do to maintain our technology, leadership and manufacturing excellence and strong products that meet the requirements of our customers. yeah, i mean, we re living in unique economic times, aren t we? there s rising inflation, there s rising interest rates, there s the war in ukraine, geopolitical tensions. how far does the us china trade war affect micron s business? so, with respect to some of the factors that you mentioned, the russia ukraine war, the covid lockdowns in china, of course, the high inflation impacting consumer demand for electronics goods, and certainly the macroeconomic environment that is resulting in some cautionary sentiment on part of the businesses to buy products, all of these trends have certainly led to a change in the demand expectations for memory.