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Stock Market Today, April 22: Micron Technology Surges on Continued Memory Boom [Globe and Mail, The (Toronto, Canada)]
Last western digital corporation earnings: 4/30 04:01 pm
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US:NASDAQ Investor Relations: investor.wdc.com
confidence in artificial intelligence (AI) memory demand and news of a ceasefire in Iran. Trading volume reached 45.4 million shares, coming in 9.6% above its three-month average of 41.4 million shares. Micron Technology IPO'd in 1984 and has grown 34,411% since going public. How the markets moved today The S&P 500 (SNPINDEX:^GSPC) added 1.05% to finish Wednesday at 7,138, while the Nasdaq Composite (NASDAQINDEX:^IXIC) climbed 1.64% to close at 24,658. Within semiconductors, rival Western Digital (NASDAQ:WDC) rose 1.38% to close at $389.10, and Sandisk (NASDAQ:SNDK) soared 8.37% to finish at $979.07 as AI-related chipmakers continued to benefit from strong demand narratives. What this means for investors Micron Technology soared to a record high today on continued optimism about high demand for its high-bandwidth memory (HBM) chips and wider hopes for a de-escalation of tensions in the Middle East. The stock has gained more than 145% in the past six months, though it has b
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