Business
Ericsson Suffers from Memory-Chip Price Spike
Ericsson's stock slumped after the company revealed that rising memory-chip prices were significantly impacting its margins. The tech giant reported its worst reaction to earnings in nearly three years.
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MarketWatch
Ericsson shares on Tuesday saw their worst reaction to earnings in nearly three years after the telecom-equipment maker revealed that rising component costs were eating away at margins — likely the huge surge in memory-chip prices.
2026-07-14 10:19 UTC