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Posted on Originally published at buzztickr.com

$MU: Chip Stocks Lead Market Rebound After Fed Hike

Chip stocks led a market rebound on Thursday, recovering significant losses from the Federal Reserve's interest rate hike.
The Dow Jones Industrial Average experienced a substantial drop following the Fed's announcement but saw a recovery in the subsequent trading session.
Semiconductor stocks showed resilience, driven by their crucial role in growth sectors like AI and cloud computing.

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