June 29, 2020 / 8:10 PM / 4 days ago

CORRECTED-Micron forecasts current-quarter revenue above estimates

(Corrects second paragraph to remove reference to fourth quarter ending on May 28)

June 29 (Reuters) - Micron Technology Inc on Monday forecast current-quarter revenue above Wall Street estimates, as home-bound employees and students spur demand for its chips that power notebooks and data centers.

The chipmaker expects revenue in the fourth quarter to be between $5.75 billion and $6.25 billion, the mid-point of which was above analysts' estimates of $5.48 billion, according to IBES data from Refinitiv. (Reporting by Neha Malara; Editing by Shounak Dasgupta)

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