Micron stock jumps after DRAM price forecast spikes to 95% — what traders watch next
Micron shares rose 5.5% to $437.80 in after-hours trading Monday after TrendForce projected DRAM contract prices would jump 90%–95% in Q1. SanDisk surged 15.4% and AMD gained 4% as chip stocks rallied. Investors are watching for further signs of supply tightness and pricing power through mid-February. The S&P 500 closed up 0.5% at 6,976.44.