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Why Micron Stock Is Going Up Today


Shares of semiconductor company Micron Technology (NASDAQ: MU) popped a little higher today after the company beat Wall Street's expectations for the third quarter of its fiscal 2020. It also offered guidance for the fourth quarter that was ahead of expectations.

As of 11:30 a.m. EDT on Tuesday, Micron stock was up 6%.

The cyclical semiconductor industry could be headed up. Image source: Getty Images.

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Source Fool.com

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