MU.TO is trading at CA$44.12 (+3.06%) as investors rotate into memory-chip stocks amid strong AI data-center demand and constrained DRAM/NAND supply.

  • The move extends September 17’s 5.31% gain; rising pricing power and forecasts point to sharply higher server DRAM and enterprise SSD prices, with tight conditions potentially persisting through 2027.
  • U.S. futures were modestly higher and semiconductor shares led market strength.
  • The Bank of Japan’s measured rate hike reduced immediate fears of aggressive tightening.