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Micron Pops, Expects Strong Demand From AI, Autonomous Cars, Cloud

Micron Pops, Expects Strong Demand From AI, Autonomous Cars, Cloud

Shares in Micron Technology popped for the second day after the memory-chip maker announced a $10 billion stock buyback, exceeding expectations, at its analyst day. The new $10 billion stock buyback begins in fiscal 2019, which starts in September.