MICRON TO TEST AI RALLY AFTER NVIDIA-OPEN AI DEAL DROVE AI TRADE HIGHER, QUANTUM BREAKTHROUGH, CHINA GOLD MOVE
By Nigam Arora
To gain an edge, this is what you need to know today.
AI Rally Test
Please click here for a chart of Micron stock (MU).
Note the following:
- The Morning Capsule is about the big picture, not an individual stock. The chart of MU stock is being used to illustrate the point.
- The trendline on the chart shows MU stock has gone parabolic. The reason for the parabolic move is that money started flowing into second tier AI plays. Investors are already overweight in first tier AI plays, such as Nvidia stock (NVDA).
- RSI on the chart shows MU stock is overbought.
September 23, 2025