IllustrativeMicron Rockets 12%, SanDisk Leaps 10% as Tight Memory Supply Fuels Parabolic AI Trade
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Shares of Micron and SanDisk have increased, with Micron rising 12% and SanDisk up 10%. The gains are reportedly linked to a tight supply of memory, which is fueling a surge in artificial intelligence trade. This development has led to a significant increase in the stocks of these companies.