Micron Stock Rises 5.5% as SK Hynix Says DRAM and HBM Sold…
By Abdelaziz Fathi
Source excerpt · FinanceFeeds
Micron Technology (NASDAQ: MU) shares climbed on Wednesday after SK hynix reported record third-quarter earnings and said its dynamic random-access memory (DRAM) and high-bandwidth memory (HBM) output was effectively sold out through 2029. The announcement strengthened the outlook for a memory market where artificial intelligence infrastructure spending is driving demand faster than suppliers can…