Micron (MU) Stock: $725 Wednesday After Anthropic Placement…
By Tobi Opeyemi Amure
AI summary of the source article
Micron stock rose about 6% in premarket trading following news that it is among seven companies purchasing $26 billion of Anthropic stock in a private placement. The rise was also supported by CoreWeave raising its 2026 revenue guidance.
Why it matters
The filing "ties Micron's name to the largest AI listing on the calendar, which matters for a memory maker whose shares have traded on AI demand all year."
Key facts
- Anthropic agreed with seven tech firms, including Micron, to sell $26 billion of Class N common stock in a private placement at its IPO price.
- Micron traded roughly 6% higher in premarket trading after closing Tuesday at $725.11.
- CoreWeave reported Q3 revenue of $3.66 billion and raised its 2026 revenue guidance to between $13.0 billion and $13.3 billion.
Source excerpt · FinanceFeeds
Updated 11 November 2026, 13:30 GMT, before the US market open. Micron (MU) closed Tuesday at $725.11 , down 1.10 percent, and was indicated about 6 percent higher in Wednesday premarket trading (Seeking Alpha; Investing.com). Verdict: two new items arrived together - Anthropic named Micron among seven companies buying $26 billion of its stock in a private placement, and CoreWeave raised its 2026…