More details: Visit websiteMicron explained in a letter to customers that the new tariffs will raise costs, and the company will pass those extra costs on instead of covering them. It is worth noting that the firm had already mentioned this plan in a March 21 earnings call. Around the same time, Micron also told customers that prices were going up due to unexpectedly high demand . Other Asian tech manufacturers are taking a similar approach and are telling U.S. buyers that they will need to handle the tariff costs themselves or the products will not be shipped.
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