{"id":81864,"date":"2026-06-22T15:21:10","date_gmt":"2026-06-22T15:21:10","guid":{"rendered":"https:\/\/www.europesays.com\/ai\/81864\/"},"modified":"2026-06-22T15:21:10","modified_gmt":"2026-06-22T15:21:10","slug":"micron-stock-surges-amid-ai-memory-trade-boom-anthropic-deal","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ai\/81864\/","title":{"rendered":"Micron stock surges amid AI memory trade boom, Anthropic deal"},"content":{"rendered":"\n<p class=\"yf-1fy9kyt\">What happened: Micron Technology (<a rel=\"nofollow noopener\" class=\"link \" href=\"https:\/\/finance.yahoo.com\/quote\/MU\/\" data-i13n=\"cpos:1;pos:1\" data-ylk=\"slk:MU;cpos:1;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;1&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;MU&quot;,&quot;yHasCommerce&quot;:false}\" target=\"_blank\">MU<\/a>) stock surged 5%, putting the memory chipmaker on pace to hit a fresh record on Monday. The rest of the chip complex was poised to climb to new highs, including memory and storage maker Sandisk (<a rel=\"nofollow noopener\" class=\"link \" href=\"https:\/\/finance.yahoo.com\/quote\/SNDK\/\" data-i13n=\"slk:SNDK;cpos:2;pos:1\" data-ylk=\"slk:SNDK;slk:SNDK;cpos:2;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;2&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;SNDK&quot;,&quot;yHasCommerce&quot;:false}\" target=\"_blank\">SNDK<\/a>).<\/p>\n<p class=\"yf-1fy9kyt\">What&#8217;s behind the move:\u00a0Micron stock jumped to new intraday highs after the memory chipmaker announced it signed a memory and storage supply deal with AI developer Anthropic (<a rel=\"nofollow noopener\" class=\"link \" href=\"https:\/\/finance.yahoo.com\/quote\/ANTH.PVT\/\" data-i13n=\"cpos:3;pos:1\" data-ylk=\"slk:ANTH.PVT;cpos:3;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;3&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;ANTH.PVT&quot;,&quot;yHasCommerce&quot;:false}\" target=\"_blank\">ANTH.PVT<\/a>).<\/p>\n<p class=\"yf-1fy9kyt\">&#8220;This positions Micron to support Anthropic&#8217;s multi-year growth trajectory as the frontier AI lab scales its compute strategy for the long term,&#8221; Micron said in a press release on Monday.<\/p>\n<p class=\"yf-1fy9kyt\">Micron has been on a tear ahead of its earnings report due on Wednesday, serving as a bellwether for memory demand in AI inference.<\/p>\n<p class=\"yf-1fy9kyt\">UBS analyst Melissa Weathers <a rel=\"nofollow noopener\" class=\"link  yahoo-link\" href=\"https:\/\/finance.yahoo.com\/markets\/article\/micron-earnings-pce-data-gas-prices-what-to-watch-this-week-100000040.html\" data-i13n=\"cpos:4;pos:1\" data-ylk=\"slk:recently raised the bank&#039;s price target;cpos:4;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;4&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;recently raised the bank&#039;&quot;,&quot;yHasCommerce&quot;:false}\" target=\"_blank\">recently raised the bank&#8217;s price target<\/a> for Micron to $1,500 per share, as demand for DRAM \u2014 the type of memory used for data centers, servers, and smartphones \u2014 is &#8220;still set to vastly outpace supply growth in the coming years, driven by more memory-intensive AI workloads.&#8221;<\/p>\n<p class=\"yf-1fy9kyt\">Micron stock is more than 360% in the past six months and hit an all-time high on Thursday, along with Sandisk and storage play Western Digital (<a rel=\"nofollow noopener\" class=\"link \" href=\"https:\/\/finance.yahoo.com\/quote\/WDC\/\" data-i13n=\"cpos:5;pos:1\" data-ylk=\"slk:WDC;cpos:5;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;5&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;WDC&quot;,&quot;yHasCommerce&quot;:false}\" target=\"_blank\">WDC<\/a>).<\/p>\n<p class=\"yf-1fy9kyt\">What else you need to know: Memory has been a major bottleneck in the artificial intelligence trade, with Micron leading the semiconductor complex.<\/p>\n<p class=\"yf-1fy9kyt\">On Monday, peer SK Hynix (<a rel=\"nofollow noopener\" class=\"link \" href=\"https:\/\/finance.yahoo.com\/quote\/000660.KS\/\" data-i13n=\"slk:000660.KS;cpos:6;pos:1\" data-ylk=\"slk:000660.KS;slk:000660.KS;cpos:6;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;6&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;000660.KS&quot;,&quot;yHasCommerce&quot;:false}\" target=\"_blank\">000660.KS<\/a>) surpassed Samsung Electronics (<a rel=\"nofollow noopener\" class=\"link \" href=\"https:\/\/finance.yahoo.com\/quote\/005930.KS\/\" data-i13n=\"slk:005930.KS;cpos:7;pos:1\" data-ylk=\"slk:005930.KS;slk:005930.KS;cpos:7;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;7&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;005930.KS&quot;,&quot;yHasCommerce&quot;:false}\" target=\"_blank\">005930.KS<\/a>) as South Korea&#8217;s largest company after raising unit prices amid rising costs due to tighter supply.<\/p>\n<p class=\"yf-1fy9kyt\">Last month, Micron Technology, Samsung Electronics (<a rel=\"nofollow noopener\" class=\"link \" href=\"https:\/\/finance.yahoo.com\/quote\/005930.KS\/\" data-i13n=\"cpos:8;pos:1\" data-ylk=\"slk:005930.KS;cpos:8;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;8&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;005930.KS&quot;,&quot;yHasCommerce&quot;:false}\" target=\"_blank\">005930.KS<\/a>), and SK Hynix all made headlines as they reached $1 trillion valuations for the first time.<\/p>\n<p class=\"yf-1fy9kyt\">Ines Ferre is a senior business reporter for Yahoo Finance. Follow her on X at <a class=\"link \" href=\"https:\/\/twitter.com\/ines_ferre\" data-i13n=\"cpos:9;pos:1\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:@ines_ferre;cpos:9;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;9&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;@ines_ferre&quot;,&quot;yHasCommerce&quot;:false}\">@ines_ferre<\/a>.<\/p>\n<p class=\"yf-1fy9kyt\"><a rel=\"nofollow noopener\" class=\"link \" href=\"https:\/\/finance.yahoo.com\/tech\" data-i13n=\"cpos:10;pos:1\" data-ylk=\"slk:Click here for the latest technology news that will impact the stock market;cpos:10;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;10&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Click here for the latest technology news that will impact the stock market&quot;,&quot;yHasCommerce&quot;:false}\" target=\"_blank\">Click here for the latest technology news that will impact the stock market<\/a><\/p>\n<p class=\"yf-1fy9kyt\"><a rel=\"nofollow noopener\" class=\"link \" href=\"https:\/\/finance.yahoo.com\/news\/\" data-i13n=\"cpos:11;pos:1\" data-ylk=\"slk:Read the latest financial and business news from Yahoo Finance;cpos:11;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;11&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Read the latest financial and business news from Yahoo Finance&quot;,&quot;yHasCommerce&quot;:false}\" target=\"_blank\">Read the latest financial and business news from Yahoo Finance<\/a><\/p>\n<p class=\"yf-1fy9kyt\">Ines Ferre is a senior business reporter for Yahoo Finance. Follow her on X at <a class=\"link \" href=\"https:\/\/twitter.com\/ines_ferre\" data-i13n=\"cpos:12;pos:1\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:@ines_ferre;cpos:12;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;12&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;@ines_ferre&quot;,&quot;yHasCommerce&quot;:false}\">@ines_ferre<\/a>.<\/p>\n<p>   <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"What happened: Micron Technology (MU) stock surged 5%, putting the memory chipmaker on pace to hit a fresh&hellip;\n","protected":false},"author":2,"featured_media":81865,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[53,7397,37063,60,585],"class_list":["post-81864","post","type-post","status-publish","format-standard","has-post-thumbnail","category-anthropic","tag-anthropic","tag-memory","tag-memory-demand","tag-micron-stock","tag-micron-technology"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts\/81864","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/comments?post=81864"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts\/81864\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/media\/81865"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/media?parent=81864"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/categories?post=81864"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/tags?post=81864"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}