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As investor focus sharpens on structural AI demand, Micron Technology shares surged 17% in early Thursday trading after a strong quarterly report highlighting $100 billion in AI memory demand. According to media reports, SanDisk shares rose 15% and Western Digital climbed 13%, driving a broad semiconductor rally.
The surge follows Micron closing at $1,048.51 on June 24, 2026, per market data, with an intraday high of $1,083.32. Western Digital closed at $643.83, hitting a high of $665. Analysts point to massive data-center demand for AI memory as the key growth catalyst across the three companies.
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Sign InTraders now watch near-term resistance at $1,083 for Micron, with support at $991. No major economic events are scheduled for the coming days that directly impact the sector, but attention remains on Q2 earnings season and capital expenditure updates from big tech firms.