🟢 Micron Technology is trading 3.31% up today as AI infrastructure spending forecasts support memory demand

Micron Technology is trading 3.31% up now at $940.58 after a sharp August 24 selloff, as AI infrastructure spending forecasts support memory demand.

• August 25 reports from Gartner and TrendForce point to stronger AI infrastructure spending, rising memory prices, and sustained DRAM demand.
• TrendForce expects memory to represent a major share of cloud providers’ capital expenditures, supporting the broader memory-chip recovery.