On Thu,
$Micron Technology(MU)$ closed higher by +5.50% ending the day at $977.50 per share. (see attached)
This is all thanks to INTC's CEO speech on 15 Sep, where he said that "memory production capacity is very limited and that "the situation will get even worse in 2027"
As a result, all memory chip maker gained and stand to gain further, if the narratives take off

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments