🟢 MU is trading 13% up today on faster HBM4 ramp and Nvidia Rubin GPU positioning

MU is trading 13% up at $848.75 after management highlighted a faster-than-expected ramp of its sixth-generation HBM4 AI memory and strong positioning in Nvidia’s next-gen Rubin AI GPUs.

• Management reported improving yields for HBM4, reinforcing optimism around long-term revenue and margin upside.
• The move comes as investors reassess Micron’s ability to capture booming AI memory demand, significantly outperforming modest gains in the broader indices.