December 18, 2018 / 9:07 PM / in 3 months

Micron quarterly revenue rises 16 pct

Dec 18 (Reuters) - Chipmaker Micron Technology Inc reported a 16 percent rise in first-quarter revenue on Tuesday, helped by higher demand for its memory chips from data centers.

Net income attributable to the chipmaker rose to $3.29 billion, or $2.81 per share, in the quarter ended Nov. 29, from $2.68 billion, or $2.19 per share, a year earlier.

Net sales rose to $7.91 billion from $6.80 billion. (Reporting by Sonam Rai in Bengaluru and Stephen Nellis in San Francisco; Editing by Arun Koyyur)

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