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Micron says China ban unfair but won’t hurt revenue

(Reuters) – Micron Technology Inc on Thursday played down the likely impact on its business of a temporary Chinese ban on some chip sales but said it would appeal a decision that has added to U.S.-China trade tensions. The firm’s estimate that the ban imposed ... More »

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Micron`s upbeat forecast rides on rising chip prices

The logo of U.S. memory chip maker MicronTechnology is pictured at their booth at an industrial fair in Frankfurt, Germany, July 14, 2015. REUTERS/Kai Pfaffenbach Micron Technology Inc forecast current-quarter revenue and profit far ahead of analysts’ estimate... More »

Chipmaker Micron’s CEO to take voluntary 50 percent pay cut

Micron Technology Inc said Chief Executive Mark Durcan will take a voluntary 50 percent cut in his base salary, amid cost-cutting at the memory chipmaker. The cut, which is temporary, reduced Durcan’s annual base salary to $525,000, effective Oct. 18, the comp... More »