🟢 Micron Technology is trading 3.18% up today on stronger memory-chip pricing and AI demand

Micron Technology is trading 3.18% up now at $1008.63, as investors price in stronger memory-chip pricing and sustained AI demand.

• Intel CEO Lip-Bu Tan warned memory shortages could worsen in 2027, supporting expectations for constrained supply and stronger pricing power across DRAM and high-bandwidth memory.
• The broader memory-chip sector is also rallying, while no new Micron-specific announcement clearly explains the September 18 move, extending the September 17 rally.