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Micron forecasts third-quarter revenue above estimates

March 31 (Reuters) - Micron Technology Inc on Wednesday forecast third-quarter revenue above Wall Street estimates due to a rise in demand for its chips, driven by an extended remote working trend and boost from 5G smartphone adoption.

The chipmaker expects current-quarter revenue to be $7.1 billion, plus or minus $200 million, while analysts on average were expecting $6.79 billion, according to IBES data from Refinitiv.

Reporting by Tiyashi Datta in Bengaluru; Editing by Vinay Dwivedi

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