Technology

Micron Technology raises fourth-quarter results forecast

(Reuters) -Memory chipmaker Micron Technology on Monday raised its forecast for fourth-quarter revenue and adjusted profit.

The company now expects revenue of $11.2 billion, plus or minus $100 million, compared with its previous forecast of $10.7 billion, plus or minus $300 million.

It expects adjusted earnings per share of $2.85, plus or minus 7 cents, compared with its earlier expectation of $2.50, plus or minus 15 cents.

(Reporting by Zaheer Kachwala in Bengaluru; Editing by Leroy Leo)

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