Micron (MU) Skyrockets 6.5% as the AI Memory Shortage Creates a Windfall Supercycle

While the broader markets waver under the weight of rising energy prices and geopolitical tensions, the semiconductor sector, led by Micron Technology, has officially detached from reality. On Monday, Micron (MU) closed up 6.5% at $795.33, capping a month where the stock has nearly doubled.