Shares rally as investors buy the dip in tech stocks despite the U.S. and Iran exchanging fire for a second straight day.

Today, June 11, 2026, markets recovered on revived peace talk hopes, and chips helped power the S&P 500 and Nasdaq.

The firm cited stronger-than-expected memory pricing and increased demand for high-bandwidth memory (HBM), a key component used in advanced AI systems. Wolfe increased its forecasts after estimating approximately 45% growth in memory pricing during Micron's fiscal third quarter.

The New York megafab facility is expected to generate thousands of jobs and deliver significant economic benefits to the state.

While Micron and other chipmakers build out capacity, this semiconductor stock could be the big beneficiary.

Long-term supply agreements are altering memory companies’ long-term earnings potential for the better, an analyst said.

The global construction company that helped build the Hoover Dam and Boston’s “Big Dig” tunnel project will construct Micron Technology’s first two chipmaking factories in the town of Clay. Bechtel, a privately held company founded in 1898,

Shares of Micron Technology (NASDAQ:MU | MU Price Prediction) are up 5% in midday trading on Thursday, June 11, changing hands near $939. The move extends a historic run that has the memory giant up 223% year to date,