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NR
Yorkville America Next Generation Memory Index ETF
NRAM
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1.74K
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NR
NRAM
NR
Yorkville America Next Generation Memory Index ETF
NRAM
News
·
Micron Gets Musk Boost: Buy the Stock on a Dip With ETFs?
AUM
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Micron Gets Musk Boost: Buy the Stock on a Dip With ETFs?
Elon Musk praised Micron Technology for reasonable memory chip pricing amid rising AI infrastructure demand. However, global chip stocks tumbled after China's CXMT announced plans to launch advanced server memory ahead of competitors, threatening high-margin AI chip profits. Micron reported strong quarterly results with record DRAM and NAND revenues, signed 26 strategic customer agreements through 2030, and increased its buyback authorization to $35.16 billion. Despite strong fundamentals, rising rate concerns and competitive pressures weighed on the sector.
Zacks Investment Research · Oct 15, 2026
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NR
NRAM
Yorkville America Next Generation Memory Index ETF
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