UPDATE 3-Micron sees revenue above estimates as demand rises for remote-work devices
March 25, 2020 at 18:33 PM EDT
Chipmaker Micron Technology Inc forecast current-quarter revenue above analysts' estimates on Wednesday and said the shift to work-from-home globally due to the coronavirus outbreak is fueling demand for notebooks and data center services. Authorities around the world have locked down cities, enforced severe restrictions on travel and encouraged people to stay at home to contain the rapidly spreading virus.