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Micron Technology reported a better-than-expected quarterly profit and forecast current-quarter results above analysts’ estimates, as the chipmaker continues to benefit from higher prices for its memory chips amid tight supply. The company’s shares (mu) were up about 4% in extended trading. Micron was the most actively traded among Nasdaq-listed stocks. Micron said on Tuesday that […]

“The growth is mostly coming from the strong performance in Alibaba’s digital entertainment platforms, its ability to make money from cloud computing.”. Cloud Computing