AI OPTIMISM REIGNITES ON MICRON EARNINGS BUT MORE MEMORY SUPPLY AHEAD, PCE SHOWS STICKY INFLATION
By Nigam Arora
To gain an edge, this is what you need to know today.
More Memory Supply
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. Prudent investors need to keep an eye on MU stock because lately MU stock has been leading the semiconductor mania.
- The chart shows MU stock has moved up into zone 1 (resistance) after reporting earnings.
- If MU breaks above zone 1 shown on the chart, $1500 is the next magnet.
June 25, 2026