Wire report
Chip stocks that notched record rallies in second quarter start Q3 with a dud
Memory maker Micron, which jumped over 240% in the second quarter, dropped 11% on Wednesday, wiping out nearly $200 billion of market capitalization.
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Memory maker Micron, which jumped over 240% in the second quarter, dropped 11% on Wednesday, wiping out nearly $200 billion of market capitalization.
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What happened
According to CNBC, Chip stocks that notched record rallies in second quarter start Q3 with a dud reports that Memory maker Micron, which jumped over 240% in the second quarter, dropped 11% on Wednesday, wiping out nearly $200 billion of market capitalization.
Context
The development is part of VINI’s Technology coverage for readers following technology, science, product policy, markets, infrastructure, and the public consequences of innovation. The original report is linked so readers can check the publisher’s account, follow later updates, and compare new coverage against the first published record. The original report is dated 2026-07-01T20:12:19+00:00.
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References
Original report: Chip stocks that notched record rallies in second quarter start Q3 with a dud via CNBC. VINI cites and links the report; it does not reproduce the publisher’s full article text without rights clearance.
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- Chip stocks that notched record rallies in second quarter start Q3 with a dudCNBC - 2026-07-01T20:12:19+00:00
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