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Several chip stocks are moving higher after the market close on Wednesday alongside Micron Technology Inc (NASDAQ:MU), which jumped after the company reported strong quarterly results. What Happened With MU: Micron beat analyst estimates on the top and bottom lines, reporting revenue of $7.75 billion versus estimates of $7.635 billion, and earnings of $1.18 per share versus estimates of $1.13 per share. Micron said its 93% revenue growth in the quarter was driven by robust AI demand, which was the main driver of chip stock appreciation in recent years. The memory-chip giant also guided for “si…

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