Micron Technology Inc. plowed through the worst quarter in its history and is setting its sights on a recovery in the memory chip market, but issues in China could set back its recovery efforts.
Boise, Idaho-based Micron MU turned in its largest loss on record last quarter, more than $2 billion, but said inventory issues had been reduced in several end markets. Micron is still expected to report more than $1.8 billion in losses for its fiscal third quarter after the bell on Wednesday, but analysts hope the slight change…
