MU.TO is trading at CA$43.07, up 6.00% on September 17, 2026, driven by a broad memory-chip rally fueled by sustained AI infrastructure demand, constrained DRAM/NAND supply, and stronger pricing power.

  • Micron-related coverage points to shortages lasting into 2027 or later, reinforcing confidence in memory earnings.
  • Broader risk sentiment is adding support after markets absorbed the Federal Reserve’s September 16 rate hike.
  • Rising technology stocks, easing Treasury yields, and reduced policy uncertainty are supporting growth-sensitive semiconductor shares.