Micron Technology, Inc. Reports Results for the Third Quarter of Fiscal 2024
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Original sourceAI Summary
- Micron Technology, Inc. reported strong Q3 fiscal results, exceeding revenue guidance. - Revenue increased to $6.81 billion, with GAAP net income of $332 million. - Micron aims to gain share in high-margin products like High Bandwidth Memory (HBM). Price Impact Rating: Bullish Impact Horizon Rating: Short-term Type: Earnings
Market-Moving
- Micron Technology, Inc. reported strong Q3 fiscal results, exceeding revenue guidance.
- Revenue increased to $6.81 billion, with GAAP net income of $332 million.
- Micron aims to gain share in high-margin products like High Bandwidth Memory (HBM).
Key Facts
- Micron Technology, Inc. reported strong Q3 fiscal results, exceeding revenue guidance.
- Revenue increased to $6.81 billion, with GAAP net income of $332 million.
- Micron aims to gain share in high-margin products like High Bandwidth Memory (HBM).