Micron Technology, Inc. is trading 7% up at $196.00 as semiconductor and AI-related names lead a sector-wide recovery following last week’s sell-off.
- The move is driven by improved risk sentiment and easing geopolitical concerns, prompting investors to rotate back into growth and AI exposures.
- The stock is extending a sharp rebound from the previous session, with major U.S. indices and industry peers also trading higher.
- The recovery marks a shift in market sentiment as investors move past recent volatility in the semiconductor space.