December 19, 2017 / 9:05 PM / 9 months ago

Chipmaker Micron's quarterly revenue surges 71 pct

Dec 19 (Reuters) - Micron Technology Inc reported a 71.4 percent jump in quarterly revenue on Tuesday, as the chipmaker reaped the benefits of a chip boom fueled by demand from personal computer, server and smartphone makers.

Net income attributable to the chipmaker rose to $2.68 billion, or $2.19 per share, in the quarter ended Nov. 30, from $180 million, or 16 cents per share, a year earlier.

The company’s net sales rose to $6.80 billion from $3.97 billion. (Reporting by Sonam Rai in Bengaluru; Editing by Sriraj Kalluvila)

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