Stronger memory market boosts Micron

By on
Shares of Micron Technology rose Wednesday after the company announced a surprise first-quarter profit on strong demand for memory chips.

The Boise, Idaho-based company had net income of $1 million for the first quarter of its fiscal 2004, which ended Dec. 4, on sales of $1.1 billion. That compares to a $316 million net loss on sales of $685 million in the same period a year earlier.

Read more: [URL=]CNet News[/URL].

Add New Comment

TechSpot Members
Login or sign up for free,
it takes about 30 seconds.
You may also...
Get complete access to the TechSpot community. Join thousands of technology enthusiasts that contribute and share knowledge in our forum. Get a private inbox, upload your own photo gallery and more.