Will Micron Technology's Magnificent Stock Market Rally Continue After June 26?
MUMicron Technology(MU) The Motley Fool·2024-06-14 16:45

The memory specialist is set to release its results later this month, and it could spring a positive surprise. Shares of Micron Technology (MU 1.70%) have been red-hot in 2024 with impressive gains of 58% so far, outperforming the PHLX Semiconductor Sector index's gains of 28% by a handsome margin. The recovery in the memory market, in terms of both demand and pricing, has been central to Micron's eye-popping surge as its financial results have been improving tremendously. However, Micron's stock-market ral ...