Micron forecasts quarterly revenue above estimates
ReutersJun 25, 2025 8:04 PM
June 25 (Reuters) - Micron Technology MU.O forecast fourth-quarter revenue above Wall Street estimates on Wednesday, betting on robust demand for its memory chips used for artificial intelligence hardware in data centers.
The memory chipmaker said it expects revenue of $10.7 billion, plus or minus $300 million, for the quarter, compared with analysts' average estimate of $9.88 billion, according to data compiled by LSEG.
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