Micron Technology (MU) Surges As Analysts Declare The Memory Trade Is Back
Shares of Micron Technology (MU) climbed sharply Monday as investors returned to the memory sector following a bruising Friday selloff across semiconductor stocks. The rebound came after Micron shares fell 13.25% on Friday amid a broad retreat in AI-related chip names triggered by profit-taking across the sector. The Friday decline was partly sparked by Broadcom,…