{"id":762744,"date":"2026-06-26T16:01:22","date_gmt":"2026-06-26T16:01:22","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/762744\/"},"modified":"2026-06-26T16:01:22","modified_gmt":"2026-06-26T16:01:22","slug":"micron-leads-tech-stocks-rally-on-blowout-earnings","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/762744\/","title":{"rendered":"Micron Leads Tech Stocks Rally on Blowout Earnings"},"content":{"rendered":"\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">This article first appeared on <a href=\"https:\/\/www.gurufocus.com\/news\/8932104\/micron-leads-tech-stocks-rally-on-blowout-earnings?utm_source=yahoo_finance&amp;utm_medium=syndication&amp;utm_campaign=headlines&amp;r=caf6fe0e0db70d936033da5461e60141\" data-ylk=\"slk:GuruFocus;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkText&quot;:&quot;GuruFocus&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">GuruFocus<\/a>.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Micron Technology (<a href=\"https:\/\/finance.yahoo.com\/quote\/MU\" data-ylk=\"slk:NASDAQ%3AMU;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkText&quot;:&quot;NASDAQ:MU&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;}\" target=\"_blank\" class=\"stocks_tp\" rel=\"nofollow noopener\">NASDAQ:MU<\/a>) led memory and artificial intelligence chip stocks higher on Thursday after fiscal third-quarter results drew bullish analyst reaction and pointed to stronger AI-related DRAM demand. Micron Technology also said it had signed 16 strategic customer agreements.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Micron Technology <a href=\"https:\/\/seekingalpha.com\/news\/4607289-micron-leads-ai-memory-stocks-higher-after-stellar-results-but-chip-stocks-mixed\" data-ylk=\"slk:shares;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkText&quot;:&quot;shares&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">shares <\/a>rose about 10%, and the move spilled into other memory names. Sandisk climbed about 13%, Western Digital gained nearly 3% and Seagate Technology added about 2%. In South Korea, SK Hynix jumped about 13% after outlining plans to raise as much as $29.4 billion through a U.S. listing, while Samsung Electronics advanced around 5%.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Micron Technology&#8217;s rally came in a mixed broader market. The Nasdaq Composite fell about 0.35%, while the S&amp;P 500 rose about 0.29% and the Dow climbed nearly 1.3%. Nvidia, Advanced Micro Devices and Broadcom slipped, while Qualcomm jumped about 4% after setting a 2029 data-center revenue target above $15 billion.  <\/p>\n","protected":false},"excerpt":{"rendered":"This article first appeared on GuruFocus. Micron Technology (NASDAQ:MU) led memory and artificial intelligence chip stocks higher on&hellip;\n","protected":false},"author":2,"featured_media":152009,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[276,45,49,48,40692,3098,223566],"class_list":["post-762744","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-artificial-intelligence","tag-business","tag-ca","tag-canada","tag-micron-technology","tag-nasdaq-composite","tag-seagate-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/762744","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=762744"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/762744\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/152009"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=762744"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=762744"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=762744"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}