🟢 MU is trading 2.4% up today on AI memory demand and HBM optimism

MU is trading 2.4% up today at $715.43 as investors refocus on AI-related memory demand and high-bandwidth memory (HBM) exposure.

• The stock is extending yesterday’s rebound ahead of Micron’s presentation at the J.P. Morgan Global Technology conference.
• Traders are positioning for continued AI infrastructure growth and potential positive commentary on HBM supply, pricing, and long-term demand.
• The move follows a bout of volatility last week, with renewed optimism regarding the company's data center exposure.