Micron beats estimates for third-quarter revenue-March 2024-www.financetom.com

Micron beats estimates for third-quarter revenue

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Micron beats estimates for third-quarter revenue

Jun 26, 2024 1:30 PM

June 26 (Reuters) - Chipmaker Micron Technology

beat estimates for third-quarter revenue on Wednesday, driven by

a surge in demand for its memory chips from the booming AI

industry and improved pricing in other markets.

The company reported revenue of $6.81 billion for the third

quarter, compared with an estimate of $6.67 billion, according

to LSEG data.

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