NYSEA:MLSS 14 November 2025

July 9, 2026, 12:02 PM EDT. Micron Technology said it will put $250 billion into U.S. chip manufacturing by 2035, betting on demand for memory chips used in artificial intelligence. Shares jumped about 8%. That move helped lift the S&P 500 and Nasdaq at the open, with chip stocks leading despite ongoing worries over U.S.-Iran tensions. Tech profits are seen rising 65.5% in Q2, as forecasts call for a strong earnings season. Some analysts say the market is tilting from valuation-led gains to growth from earnings and spending in sectors like industrials and energy infrastructure. But competition is picking up with SK Hynix planning a big listing, so it's a tougher landscape for memory makers as volatility remains in the sector.