The memory-chip sector, known for boom-and-bust cycles, is facing one if its worst-ever routs, as inventory glut and a fight for marketshare has cratered prices (Bloomberg)

Bloomberg:
The memory-chip sector, known for boom-and-bust cycles, is facing one if its worst-ever routs, as inventory glut and a fight for marketshare has cratered prices  —  This time was supposed to be different.  —  The memory-chip sector, famous for its boom-and-bust cycles, had changed its ways.