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Micron Raises Revenue, Earnings Forecast for Second Quarter

Micron Raises Revenue, Earnings Forecast for Second Quarter Bloomberg 3/3/2021 © Photographer: Tomohiro Ohsumi/Bloomberg Micron Technology (Bloomberg) Micron Technology Inc., the largest U.S. maker of memory chips, raised its forecast for revenue and earnings in the current quarter helped by demand for memory chips used in phones and computers. Popular Searches Revenue in the current period will be $6.2 billion to $6.25 billion, Micron said Wednesday in a statement. That’s up from a previous range of as much as $6 billion. The Boise, Idaho-based company forecast profit, excluding certain items, of 93 cents to 98 cents, up from a prior range of 68 cents to 82 cents.

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