What to Do After Micron Closed Above $315
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Micron Technology (MU) benefits from SoftBank's $40 billion investment in OpenAI, which is driving demand for RAM, boosting profits for Micron and competitors like SK Hynix and Samsung. Investors are optimistic, leading to a rise in MU stock and other semiconductor companies. However, caution is advised for AMD stock, as customers may prefer Nvidia's solutions. The performance of memory chip suppliers is a key indicator for the tech sector, and a significant drop in MU stock could signal a broader selloff in technology.
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