Micron's quarterly revenue rises 38 percent
In this article:
Sept 20 (Reuters) - Chipmaker Micron Technology Inc reported a 38 percent rise in quarterly revenue on Thursday, driven by demand for its memory chips from data centers and smartphones.
Net income attributable to the chipmaker rose to $4.33 billion, or $3.56 per share, in the fourth quarter ended Aug. 30 from $2.37 billion, or $1.99 per share, a year earlier.
Net sales rose to $8.44 billion from $6.14 billion. (Reporting by Sonam Rai in Bengaluru; Editing by Maju Samuel)
