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Micron Shares Slip as TSMC Reaffirms Focus on Logic Chips

Micron was quoted at $684.23, down 0.8% in premarket trading. TSMC described logic chips as its “core business.”

A silicon logic chip rests beneath overhead inspection lights / TokenPost.ai
A silicon logic chip rests beneath overhead inspection lights / TokenPost.ai

Micron Technology (MU) shares slipped in U.S. premarket trading Monday, Nov. 9, as Taiwan Semiconductor Manufacturing Co. (TSMC) reiterated its focus on logic chips amid rumors about possible memory production.

Micron shares were quoted at $684.23, down 0.8% in premarket trading. TSMC declined to comment on market rumors and said it remains focused on logic chips, describing them as its “core business.”

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