MU is trading at $672.80, up 5.1% in after-hours trading after announcing the commercial availability of the world's largest 245TB SSD. This follows a strong intraday performance where the stock closed at $640.20 (+11.06%).
- The new high-capacity storage solution addresses massive demand for AI and cloud computing infrastructure, marking a significant milestone for data center storage.
- Micron has now surged 31.5% over the past week, bolstered by broader market strength as the S&P 500 and Nasdaq gained 0.96% and 1.34% respectively today.