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(Reuters) -Micron Technology forecast fourth-quarter revenue above Wall Street estimates on Wednesday on robust demand for its high-bandwidth memory (HBM) chips used in artificial intelligence ...
Micron Technology MU -3.06% notched a big leap in sales and earnings for its latest completed quarter amid booming demand for AI-driven memory. The memory-chip maker posted a profit of $1.89 ...
The memory-chip maker reported record fiscal third-quarter revenue of $9.3 billion, topping expectations of $8.9 billion by analysts tracked by FactSet.
Micron crushed estimates for its fiscal third quarter on strong data center-related sales. It also guided higher for the current period.
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By Harshita Mary Varghese and Stephen Nellis (Reuters) -Micron Technology forecast fourth-quarter revenue above Wall Street estimates on Wednesday on robust demand for its high-bandwidth memory ...