Why Micron Jumped, Silver and Gold Slumped
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Micron's shares rose 3.41% to $294.50 as it shifts focus to AI server memory chips, despite insider selling. Memory prices are expected to rise in 2026 due to strong demand. In contrast, silver fell 7.19% after margin requirements were raised, while gold dropped 3.38% to $33.42. Newmont shares fell 5.64%, and Freeport-McMoRan lost nearly 3%.
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