Tag Archives: Semiconductors

Micron shows how the cloud is saving chip makers

Memory chip maker Micron Technology Inc. was saved by a boom in data centers, adding to the growth of chip makers as the pandemic forces more companies to expand their cloud computing capabilities. . On Monday, Micron MU, + 1.35% reported better than expected fiscal gains in the second quarter …

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Micron Shares After Third Quarter Results Exceed Estimates

Micron technology (MU) – Get report it rose Monday after hours after the chipmaker reported fiscal third-quarter results above expectations. For the quarter ended May 28, the Boise, Idaho company reported earnings of 71 cents a share, or 82 adjusted cents, compared to 74 cents in the prior-year quarter. Revenue …

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