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Chip stocks including Micron plunge after warnings on demand from Wall St and a key industry player

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Micron, chip stocks plunge after Morgan Stanley warns about 'weakening' semiconductor demand

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Micron CEO: Memory-chip market is ‘structurally different’ in post-PC worldThe explosion of devices that use memory and storage chips over the past few years has significantly altered traditional chip supply and demand cycles and in the long run that’s good for chip makers, according to Micron Technology Inc. Chief Executive Sanjay Mehrotra.
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