Micron's meteoric rise leads memory, chip stocks up as AI spending knows no bounds - Seeking Alpha
Semis
Micron has surged ~19% today, crossing $1 trillion in market cap as AI-driven HBM demand accelerates and UBS flags potential for the stock to double from prior levels. However, 54 insider sells and zero insider buys in the last 30 days, combined with a parabolic single-day move, set up a classic buy-the-news exhaustion risk.
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Angle
↓ SHORT-12% target+5% stop1-2 weeks tactical
Fade MU near-term after 19% gap to $1T milestone — insider selling and parabolic extension argue for mean-reversion pullback before the next leg higher.