Micron says memory demand strong thanks to cloud, mobile, IoT

Cloud computing, mobility and the Internet of things are equating to quite the tailwind for memory demand. Just ask Micron Technology. Micron on Wednesday reported third quarter revenue of $7.8 billion with net income of $3.82 billion, or $3/10 a share. Non-GAAP earnings for the quarter were $3.15.

Link: Micron says memory demand strong thanks to cloud, mobile, IoT
via http://www.zdnet.com

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