Wall Street Sees Little Threat to Micron From China’s New Memory Giant
Micron stock surges premarket despite China's CXMT block-buster IPO. Analysts say MU holds the edge in high-growth AI memory.
China just started a big new memory-chip company, but experts think Micron (a U.S. chip maker) is still stronger because it's better at making the special chips used for AI computers. This good news made Micron's stock price jump up in early trading.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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