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© Reuters. FILE PHOTO: Micron GDDR6X graphics memory solution is pictured in this April 12, 2022 handout image. Micron Technology/Handout via REUTERS
(Reuters) – Chipmaker Micron Technology Inc (NASDAQ:) on Wednesday forecast second-quarter revenue above Wall Street estimates, as it benefits from a rebound in demand for memory chips from PC and other device manufacturers.
The company forecast second-quarter revenue of $3.8 billion, plus or minus $200 million, compared with analysts’ average estimate of $3.75 billion.
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