March 20 (Reuters) - Chipmaker Micron Technology
forecast third-quarter revenue above estimates on Wednesday,
benefiting from the rapid adoption of artificial intelligence
technology by businesses and an easing supply glut in the wider
memory chip market.
The company forecast revenue of $6.60 billion, plus or minus
$200 million, for the current quarter, compared with estimates
of $6.03 billion, according to LSEG data.