Why Are Micron Technology (MU) Shares Soaring Today
What Happened: Shares of memory chips maker Micron (NYSE:MU) jumped 6.1% in the afternoon session after stocks rallied with the S&P 500 (+0.77%) and NASDAQ (+1.1%), making new 52-week highs to mark a strong start to the new month. Notably, sentiment within the tech space also benefitted from Dell’s strong earnings, which highlighted growing demand …