CORRECTED-Micron forecasts current-quarter revenue above estimates
In this article:
(Corrects second paragraph to remove reference to fourth quarter ending on May 28)
June 29 (Reuters) - Micron Technology Inc on Monday forecast current-quarter revenue above Wall Street estimates, as home-bound employees and students spur demand for its chips that power notebooks and data centers.
The chipmaker expects revenue in the fourth quarter to be between $5.75 billion and $6.25 billion, the mid-point of which was above analysts' estimates of $5.48 billion, according to IBES data from Refinitiv. (Reporting by Neha Malara; Editing by Shounak Dasgupta)
