WGMI is trading at $46.76, up 5.22%, as Micron’s record fiscal Q4 revenue and strong outlook reinforced AI-driven memory demand.
- Micron reported record fiscal Q4 revenue of $54.23 billion, lifting semiconductor sentiment.
- September payrolls came in at 29,000 and unemployment rose to 4.2%; the weak report eased rate-hike pressure, while lower Treasury yields supported technology shares.
- The broader market is also higher, so WGMI’s move reflects chip-sector strength and a supportive risk backdrop.