is postponing the release of its second-quarter earnings until early next week, because
, in which the company owns a 61% stake, has delayed its results.
The Boise, Idaho, maker of memory chips said sales for its semiconductor operations totaled $1.05 billion for the second quarter. Despite the delayed release of the consolidated results, Micron said the semiconductor component of its financial results were slightly profitable on a pretax basis for the second quarter.
Micron Electronics now plans to report second-quarter earnings Friday.
Shares of Micron Technology gained $1.41, or 3.5%, to $42.01 in
New York Stock Exchange
trading today, before rising 49 cents to $42.50 in after-hours