MU News Today: Micron Shares Soar 7% on Surging AI Chip Demand and Upgrade

Micron Technology’s stock is making waves in the market today, with shares surging over 7%. This uptick comes on the back of an analyst upgrade, buoyed by increased demand for AI chips. The stock is currently trading at $150.57, reflecting a significant increase from the previous close of $140. Analysts are optimistic, highlighting improved memory pricing and strong earnings guidance as key catalysts fueling this rally.