WS #10674
Micron's blowout earnings and analyst upgrades (Rosenblatt $1500, Keybanc $1600) fuel a broad tech rally, with MU surging 16% premarket and lifting the entire semiconductor sector. Apple raises prices on Macs and iPads by up to $300, explicitly citing memory shortages, creating a bearish demand risk for AAPL while confirming the memory supply squeeze.
Micron/AI Memory Boom
Micron's blowout earnings and analyst upgrades (Rosenblatt $1500, Keybanc $1600) fuel a broad tech rally, with MU surging 16% premarket and lifting the entire semiconductor sector.
Apple raises prices on Macs and iPads by up to $300, explicitly citing memory shortages, creating a bearish demand risk for AAPL while confirming the memory supply squeeze.