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Tag Archives: ‘disciplined’

Earnings Results: Micron defends ‘disciplined’ capital spending amid chip shortage

Micron Technology Inc. shares rose in the extended session Wednesday after the Boise, Idaho-based chip maker’s earnings and outlook topped Wall Street estimates and its CEO defended its capital spending amid a worldwide chip shortage. Micron’s stock MU, +1.93% rose 3.5% after hours, following a 1.9% gain in the regular …

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