🟢 Micron Technology is trading 4.8% up today, extending its rebound on bullish DRAM sentiment and soft CPI data

Micron Technology is trading 4.8% up at $203.25, extending its recovery following a sharp pullback earlier in the week.

• The move follows a broader rally in memory names triggered by bullish DRAM demand and pricing commentary alongside softer-than-expected U.S. CPI data.
• The cooling inflation data has provided a significant tailwind for high-growth technology and semiconductor stocks across the sector.
• While the broader DRAM sector shows some pressure today, Micron's gains appear tied to a continued positive shift in investor sentiment rather than new company-specific headlines.