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Why Micron Stock Was Moving Higher This Week


Shares of Micron (NASDAQ: MU) were among the winners this week after the memory-chip specialist benefited from general excitement about the chip sector and artificial intelligence (AI) with the start of CES earlier this week. The company also got a specific mention from AI leader Nvidia (NASDAQ: NVDA), which is using some Micron components in its new products.

According to data from S&P Global Market Intelligence, the stock was up 10.6% for the week through Wednesday's close. The market is closed today in remembrance of President Jimmy Carter.

Image source: Getty Images.

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Source Fool.com

Micron Technology Inc. Stock

€192.22
-2.840%
We can see a decrease in the price for Micron Technology Inc.. Compared to yesterday it has lost -€5.620 (-2.840%).
With 117 Buy predictions and not a single Sell prediction Micron Technology Inc. is an absolute favorite of our community.
With a target price of 231 € there is a positive potential of 20.17% for Micron Technology Inc. compared to the current price of 192.22 €.
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