MS 2024 Summer Internship - Still under consideration?

I would like to understand how this works. I made it to the second round for MS ER 2024 Summer Internship which was in October. Then, never heard back and I assume it's a bump. I sent an email to HR asking for an update on the status and they replied that the application is still under consideration and that I will receive an update. 

Any chances they might come back or it's just a way to reject? 

Thanks. 

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