Micron (MU) Stock: $778 Sunday, Two Days Before…
By Tobi Opeyemi Amure
AI summary of the source article
Micron shares closed at $778.31, gaining about 12.8% across the week despite falling on Friday following Nvidia CEO Jensen Huang's resignation. Market attention turns to Nvidia's upcoming third-quarter financial results to determine memory demand stability.
Why it matters
Nvidia is Micron's largest customer for high-bandwidth memory, the chips stacked next to its AI processors.
Key facts
- Micron closed at $778.31 on Friday 13 November, up about 12.8% on the week from $690.00 on 6 November.
- Nvidia announced that CEO Jensen Huang resigned and named finance chief Colette Kress as interim CEO.
- Nvidia, Micron's largest customer for high-bandwidth memory, guided third-quarter revenue to $108.0 billion, plus or minus 2%.
Source excerpt · FinanceFeeds
Updated 15 November 2026, 07:00 GMT. Micron (MU) last closed at $778.31 on Friday, down 2.52 percent that day, but up about 12.8 percent on the week from $690.00 on 6 November (StockAnalysis). Verdict: Micron took the Nvidia CEO shock better than its peers and kept most of Wednesday's jump. Nvidia's third-quarter results on Tuesday 17 November are the test of whether that holds. Reference levels f…