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Micron stock rises despite SK Hynix expanding Nvidia deal, rebounding from last week's selloff.

Market News
08 Jun 2026
Barrons
View Source
Bullish
pluang ai news

Micron Technology's stock rebounded early Monday after a sharp selloff the previous week, rising despite news that rival SK Hynix is expanding its partnership with major customer Nvidia. This shows investor confidence in Micron's position in the competitive memory-chip market even as SK Hynix strengthens its business ties. The development highlights ongoing competition in the semiconductor industry, with Micron maintaining resilience amid market shifts.

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