Earnings Results: Micron expects memory demand to remain strong, will sell Utah plant to Texas Instruments

Micron Technology Inc. expects memory-chip demand to remain high even as the supply of other types of computer chips meets customer needs, the company said late Wednesday as its earnings and an outlook surpassed Wall Street expectations.

Micron Technology Inc. expects memory-chip demand to remain high even as the supply of other types of computer chips meets customer needs, the company said late Wednesday as its earnings and an outlook surpassed Wall Street expectations.