🟢 Memory Chip ETF (MU.TO) is trading 5.49% up as memory and semiconductor stocks rebound

MU.TO is trading at CA$31.89, up 5.49%, primarily in line with a broader memory and semiconductor rebound after last week’s sharp AI-related selloff.

• U.S. semiconductor shares rebounded as investors bought beaten-down stocks.
• Reports of rising memory costs and forecasts point to fourth-quarter DRAM and NAND price increases.
• Broad market gains may also be helping; Nvidia-specific negative headlines make Nvidia a less likely driver of the sector rebound.