Future Tech

Chipmaker Micron forecasts first-quarter revenue above estimates

Tan KW
Publish date: Thu, 28 Sep 2023, 08:53 AM
Tan KW
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Future Tech

  Micron Technology forecast first-quarter revenue above Wall Street estimates on Wednesday, powered by demand for its memory chips from the rapidly growing artificial intelligence sector.

The company expects adjusted revenue of $4.40 billion, plus or minus $200 million, for the current quarter, compared with estimates of $4.20 billion, according to LSEG data.

 


  - Reuters

 

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