Micron Shares Rise Amid Memory Chip Shortage and Sector Rally

Micron shares are rising despite a weak overall market due to ongoing demand for memory chips driven by AI growth. The sector is experiencing strong performance, with Micron's stock up over 100% since March as chipmakers benefit from high profit margins.

By Tobias Burns · CNBC · May 11, 2026, 12:29 UTC

Micron Shares Rise Amid Memory Chip Shortage and Sector Rally

Tickers: $INTC $MU $QCOM

Topics: AI_demand memory_chips semiconductors stock_prices

Read the full article at CNBC

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