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Microsoft Weathers Deteriorating PC Market Amid Gloomy Semiconductor Sales Forecast

Microsoft Weathers Deteriorating PC Market Amid Gloomy Semiconductor Sales Forecast
Following its latest earnings report, shares of Microsoft stock jumped by as much as 5 percent in pre-market trading leading up to today’s opening bell. This despite Microsoft attributing a negative impact on Windows OEM revenue, which fell 2 percent in the fourth quarter of fiscal year 2022, to what it deemed a “deteriorating PC market” last

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Author: Paul Lilly