Why Micron Stock Just Jumped
Source: Motley Fool
2026-06-18 11:18:22 ET
After defying a market sell-off Wednesday and rising, Micron (NASDAQ: MU) stock raced ahead another 7.7% through 10:40 a.m. ET Thursday after President Trump announced he has arranged a partnership between Apple (NASDAQ: AAPL) and Intel (NASDAQ: INTC) , whereby Intel will manufacture semiconductor chips for Apple.
Apple stock is gaining more than 1% on the news, and Intel's up more than 7%.
And investors seem to think this is great news for Micron stock, too.
Apple Inc.
NASDAQ: AAPL
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$4,017,846,308,360
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3742
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