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
Created by Tan KW | Aug 01, 2024
Created by Tan KW | Aug 01, 2024
Created by Tan KW | Aug 01, 2024
Created by Tan KW | Aug 01, 2024