Micron Climbs Toward $1,000 as Apple Memory Talks Add Fuel

1 min read
Source: Yahoo Finance
Micron Climbs Toward $1,000 as Apple Memory Talks Add Fuel
Photo: Yahoo Finance
TL;DR

Micron Technology is nearing the $1,000 mark after an ~11% weekly gain, trading near the high $900s as memory names rally on AI data-center demand. Apple’s discussions with the U.S. government over memory sourcing and CXMT testing, plus a Senate deadline for Apple’s response on Chinese memory suppliers, are cited as potential catalysts. Traders described mixed sentiment on MU, with some bulls betting the stock could clear $1,100 if Apple news proves bullish and broader Beijing/Seoul-influenced memory activity supports the rally.

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