🟢 MU is trading 3.5% up today on bargain hunting after an AI-led sector selloff

MU is trading at $522.50 (+3.5%) in after-hours, recovering from a volatile session where it closed at $504.29 (-3.86%) on April 28.

• The regular session decline aligned with a sector-wide AI selloff triggered by OpenAI missing revenue and user targets, which pressured major semiconductor stocks including Nvidia.
• The after-hours rebound suggests bargain hunting by investors despite broader market weakness, with Nasdaq-100 futures (NQ) down 0.92%.
• No company-specific news was released for Micron, indicating the move is likely driven by technical factors and sector sentiment following the sharp intraday drop.