AI summary
Macronix, a major memory supplier for Nintendo Switch cartridges, announced it is phasing out ROM production to focus on NOR flash for data centers, with ROM revenue down 39% year-over-year.
- •Macronix announced during a quarterly earnings call that it is phasing out ROM production to focus on NOR flash memory for data centers.
- •Macronix's ROM revenue fell 39 percent compared with the previous year.
- •Nintendo is about to lose a major memory supplier for its Switch cartridges due to this shift.
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