Wednesday's big stock stories: What’s likely to move the market in the next trading session

Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here's what CNBC TV's producers were watching as Micron Technology suffered a 13% slide, and what's on the radar for the next session. Paychex reports before the bell on 'Squawk Box' The payroll services stock is up almost 5% in three months. Paychex is down 36% from the 52-week high, which was reached a year ago. PAYX 3M mountain Paychex in the past three months Micron reports after the bell The Boise, Idaho tech giant will report quarterly earnings after the bell. Micron is the only S & P 500 company with a headquarters in the Gem State. Did you know Idaho is the 14th largest state in the U.S. based on square miles? CNBC TV's Kristina Partsinevelos will have the numbers and instant stock reaction. The stock is up 160% in three months. That's a lot. Shares hit a high on Monday, but fell hard Tuesday. They dropped 13%. Chips across the board were beaten down. The VanEck Semiconductor ETF (SMH) fell 7%. ON Semi dropped 11% on Tuesday, while Arm Holdings saw a 10% drop. Qualcomm's investor day Kristina Partsinevelos is covering this one, too. Qualcomm shares fell 8% on Tuesday. It's not a great way to go into investor day. Shares are down 21% from the May 29 high, but the stock is up 59% in three months. …