Micron Technology (MU) shares rose approximately 8% in premarket trading on June 15, 2026.
A landmark peace agreement between the United States and Iran triggered a broad rally across the technology and semiconductor sectors.
Analysts expect the geopolitical deal to stabilize global supply chains and reduce market uncertainty for chipmakers.
Industry peers Samsung Electronics and SK Hynix also recorded share price gains following the announcement.
Wall Street remains bullish on Micron due to surging demand for memory products linked to the artificial intelligence boom.