Micron foresees new quarterly losses, bets on HBM3 Gen2 tech and Nvidia partnership for the future

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Micron officially closed the fourth quarter of fiscal year 2023 with $4.0 billion in revenue, recording a 40-percent drop year-over-year. The company confirmed that it expects to experience another loss next quarter while expressing confidence about a return to positive (gross) margins in the second half of FY2024.

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