Why Micron Technologies Zoomed 4% Higher Today
MUMicron Technology(MU) The Motley Fool·2024-04-04 06:59

The company apparently dodged a large-scale natural disaster on a day when it was tapped as one of an analyst's top picks. Veteran memory chip specialist Micron Technology (MU 4.29%) was one of the tech sector's clear winners on Wednesday. That's somewhat unexpected, given that much of the company's memory chip production is located in Taiwan, which was hit with a powerful earthquake the day before. But Micron's swift reassurance of the situation, plus its tagging as a top pick by an analyst, earned it more ...