Micron Technology is trading 4.3% up now at $202 after a broad memory-chip rally linked to SK Hynix’s $28.6 billion share buyback and cancellation plan.
- Expectations for tighter DRAM supply are rising as manufacturers prioritize high-bandwidth memory production for artificial-intelligence applications.
- Coverage indicates Micron is participating as a sector peer, rather than responding to a new company-specific announcement.