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International Business Times
International Business Times
Business

Chipmakers Are Soaring After a Days-Long Rout. Micron, Lam And Sandisk Jump

Chip stocks are soaring on Thursday as they rebound from a days-long rout. (Credit: Reuters)

Chip stocks are soaring on Thursday as they rebound from a days-long rout, boosted by Microsoft's positive results.

CNBC noted that Lam Research jumped 20% and is on track for its best day in more than 25 years after posting strong earnings and positive guidance.

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