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Why Micron Is Surging Today


Shares of memory chip specialist Micron Technology (NASDAQ: MU) were up big today, surging 9.6% as of 11:40 a.m. ET.

The rise comes on the heels of Monday afternoon's latest quarterly earnings report, which beat analyst expectations with a side dish of strong guidance. On top of the strong numbers, CEO Sanjay Mehrotra also spoke positively about Micron's operational progress against competitors.

Image source: Getty Images.

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Source Fool.com

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