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Why Micron Stock Finally Popped Today

TheMotleyFool

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Is Micron (NASDAQ: MU) stock just a momentum stock now?

It kind of feels like it. After falling more than 25% over the past four trading days, shares of the semiconductor memory stock took off like a rocket this morning, surging 9.6% through 9:40 a.m. ET.

The reason for this, says HSBC, is competing "narratives" about what's going on in artificial intelligence.

Source Fool.com