(NASDAQ: MU) stock is moving higher in Friday's trading. The memory chip and storage solutions company's share price was up 4.1% as of 3:45 p.m. ET. The stock had climbed as high as 5.3% earlier in the day's trading.

Micron is seeing bullish momentum today following news that Meta Platforms is gearing up for a big investment in humanoid robots. Meta's big robotics play could wind up being a significant performance driver for the memory specialist.

Bloomberg published a report today stating that Meta plans to make a big play in the humanoid-robot space. Nvidia uses Micron's memory chips as components in its high-performance graphics processing units (GPUs) for data centers and artificial intelligence (AI) applications.

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Source Fool.com