Chipmaker Micron Technology (MU) reported a sharp increase in first-quarter earnings, which also exceeded estimates. But the company’s revenues missed the street view, hurt by the ongoing slump in the demand for microprocessors, triggering a stock selloff.   Earnings, adjusted for one-time items, grew 21% annually to $2.97 per share in the first quarter, surpassing … Continue reading Micron Q1 revenues miss amid faltering chip demand; earnings beat