🟢 Micron Technology is trading 16.5% up today on strong AI demand guidance and sector rebound

Micron Technology is trading 16.5% up at $180.50 as memory and AI chip stocks rebound on strong demand guidance.

• The move follows an 11%+ surge in the DRAM and memory-chip sector, driven by record earnings and robust AI-related demand guidance from major manufacturers.
• The rally helps the stock recover from this week’s selloff as strong industry fundamentals attract renewed investor interest.