September 20, 2018 / 8:06 PM / 2 months ago

Micron's quarterly revenue rises 38 percent

Sept 20 (Reuters) - Chipmaker Micron Technology Inc reported a 38 percent rise in quarterly revenue on Thursday, driven by demand for its memory chips from data centers and smartphones.

Net income attributable to the chipmaker rose to $4.33 billion, or $3.56 per share, in the fourth quarter ended Aug. 30 from $2.37 billion, or $1.99 per share, a year earlier.

Net sales rose to $8.44 billion from $6.14 billion. (Reporting by Sonam Rai in Bengaluru; Editing by Maju Samuel)

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