- Direxion Daily MU Bull 2X Shares (MUU) is trading 10.1% up today, propelled by significant analyst upgrades for Micron Technology (MU).
- Stifel and Wedbush raised MU's price targets, citing a strong increase in AI-driven memory demand.
- Micron also benefited from Apple's CEO Tim Cook's comments on rising memory-chip costs driving potential product price increases, signaling tight supply and strong pricing power for chipmakers.