Micron Shares Hit Record High on Apple Price Hikes and Premarket Rally
MU•Micron's shares surged to record highs as Apple lifted iPhone prices, and the stock extended premarket gains alongside Intel and Marvell following the Federal Reserve's decision. The Nasdaq rebounded after a 507-point drop, supporting renewed investor interest in memory chipmakers.
1. Micron Stock Climbs on Apple Price Hikes and Market Rebound
Micron's shares rose to an all-time high after Apple raised average iPhone selling prices, prompting analysts to project higher DRAM revenue. The stock then gained alongside Intel and Marvell in premarket trading, while the Nasdaq bounced back by 507 points following the Federal Reserve's interest rate announcement, highlighting renewed demand for memory chipmakers.





