Micron set another sales record in its latest quarter as the Boise-based company prepares to soon break ground on its first memory manufacturing plant in New York state.
The company reported all-time high revenue of $13.64 billion for its fiscal first quarter ended Nov. 27, compared with $11.32 billion for the prior quarter and $8.71 billion a year earlier. It posted a profit of $5.24 billion, or $4.60 a share, up from $3.20 billion, or $2.83 a share, the previous quarter.
“Micron is in the best competitive position in its history,” CEO Sanjay Mehrotra said in a conference call with analysts on Wednesday…