$Micron Technology(MU)$ is a leader in the markets for DRAM (dynamic random-access memory), which is used in desktop computers and servers, and for flash memory, which is found in smartphones and solid-state hard drives. It has also become a key supplier of HBM (high-bandwidth memory) for artificial intelligence servers. Micron stock is up 27% this year at roughly $108, compared with a 17% rise for the iShares Semiconductor exchange-traded fund.
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