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Micron Technology (NASDAQ:MU) has reported robust financial results for the second quarter of fiscal 2024, citing significant market demand driven by strategic investments in high-bandwidth memory (HBM). What Happened: Micron’s Q2 2024 Earnings Conference Call on Wednesday highlighted a surge in prices due to a combination of factors such as heightened demand for AI servers, improved market conditions across various sectors, and industry-wide supply reductions. The increasing demand for AI servers is fueling the growth of HBM, Double Data Rate Synchronous Dynamic Random Access Memory (DDR5), a…

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