Micron stock jumps due to forecasts

Source: Dukascopy Bank SA


This week, the stock price of Micron Technology experienced a major surge of more than 26.00%. This surge occurred due to the firm revealing that there is high demand for its products, which is set to result in major profits during the next quarter.

In general, the firm sees major demand, despite high prices, in the high-bandwidth memory chip sector. The chips are used in the developing generative artificial technology sector.
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