Why Micron Technology Stock Is Soaring Today
Micron Technology(MU) The Motley Fool·2025-01-06 18:06
Why is Nvidia giving Micron stock a huge boost?Micron Technology (MU 12.13%) stock is surging in Monday's trading. The storage solutions company's share price was up 11.7% as of 1 p.m. EST amid the backdrop of a 1% gain for the S&P 500 index and a 1.5% rally for the Nasdaq Composite index.Micron stock is gaining ground today thanks to Nvidia-related news. Investors got a new indicator that demand for the artificial intelligence (AI) leader's hardware remains very strong, and there's also excitement that the ...