Micron beats Q4 estimates, sees memory market improving

Micron reported Q4 results Tuesday that topped Street's expectations, posting $6.06B in revenue versus the estimated $5.9B and $1.08 in earnings per share versus the expected $0.99 per share. The semiconductor design company nearly doubled its profit, adding more than $1 billion in sales from 2019, thanks in part to strong cloud and consumer sales since the start of the COVID-19 pandemic. Yahoo Finance's Jared Blikre breaks down the details.