Micron Technology is trading 3.4% up today at $200.50, rebounding as memory chip stocks rally on a bullish DRAM outlook and softer CPI data.
- The move follows positive DRAM demand and pricing projections from SemiAnalysis and peer SK Hynix, boosting sentiment across the memory sector.
- Broader technology indexes are also trading higher following softer-than-expected June inflation figures, providing additional momentum for semiconductor names.