Shares of Micron Technology (NASDAQ:MU) were spiking in early trading on Thursday, up as much as 7.4% in early trading before settling into a 5% gain as of this writing. Keep in mind that this price spike came after a big gain yesterday as well as with the tech sector snapping back from its January swoon.
However, Thursday's rise was more sector-specific, having to do with production issues at a main competitor, as the broader tech index was down today. Given that there are only a handful of big memory-chip suppliers globally, any disruption at one site could lead to short supply and a rise in memory chip prices for everyone else.
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.