Reported 3 days ago
Micron Technology (MU) has surged to an all-time high following optimistic analyst ratings and the approval of a new power line by New York State for its upcoming $100 billion semiconductor facility. The stock hit a peak of $206.34 before closing up by 5.52% at $202.53. Analysts predict that the company will significantly benefit from increasing demand for data storage, which is expected to generate 50,000 jobs over the next 20 years.
Source: YAHOO