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Applied Materials' Outlook Is Good News for Peers, Micron and OLED iPhone Fans

Chip equipment maker Applied Materials' (AMAT) latest earnings report and earnings call commentary provide fresh reasons for bulls to be upbeat about a tech sector that has surged from its February lows. They also provide a bit of positive news for beaten-up memory maker Micron (MU) , and more signs that Apple AAPL plans to ship iPhones sporting OLED displays next year, and in large volumes.

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