LONDON – Memory chip company Micron made a net loss for its second quarter of fiscal 2013, which ended on Feb. 28, of $286 million on net sales of $2.078 billion. Sales were up sequentially by 13.3 percent from $1.834 billion in the first fiscal quarter and roughly flat with the same quarter from a year before.
In the first quarter of its fiscal year Micron Technology Inc. (Boise, Idaho) made a net loss of $275 million which it attributed, in part, to a manufacturing glitch.
In the second quarter Micron said $120 million was lost on currency hedging related to the planned acquisitions of Elpida Memory Inc. and Rexchip Electronics Corp. In addition the results included a loss of $62 million associated with the expected sale of the company's wafer fabrication facility in Avezzano, Italy, to Lfoundry.
DRAM revenues were up 24 percent compared with the first quarter; resultin from a 38 percent increase in sales volume partially offset by a 10 percent decrease in average selling prices (ASPs), Micron said. NAND flash memory sales were 8 percent higher sequentially and NOR flash memory sales were 14 percent lower than the previous quarter.
Micron ended the quarter with cash reserves of $2.8 billion.
David Patterson, known for his pioneering research that led to RAID, clusters and more, is part of a team at UC Berkeley that recently made its RISC-V processor architecture an open source hardware offering. We talk with Patterson and one of his colleagues behind the effort about the opportunities they see, what new kinds of designs they hope to enable and what it means for today’s commercial processor giants such as Intel, ARM and Imagination Technologies.