Micron and SanDisk Shares Rise Amid Upcoming Strike at Samsung
Shares of Micron Technology (NASDAQ:MU) rose by 3.9% while SanDisk Corporation (NASDAQ:SNDK) gained 2.2% in premarket trading as investors anticipated the impact of a planned strike involving around 48,000 workers at Samsung Electronics Co., Ltd. (KS:005930). The 18-day strike follows failed negotiations over bonus payments and could disrupt semiconductor production, potentially benefiting competitors.