Micron (NASDAQ:MU) set for Nasdaq move as SK Hynix (KRX:000660) shakes up AI memory trade
Micron Technology comes into Monday’s U.S. session with the focus turned to its scarcity premium. The question for traders is what happens when SK Hynix, which leads in HBM, kicks off a $28.07 billion Nasdaq depositary-receipt sale. This puts less weight on AI-memory speculation and more on the impact of new supply.