Higher Apple prices are sending Micron stock to a record high

Micron shares hit fresh record highs after outgoing Apple CEO Tim Cook signaled higher iPhone prices, underscoring robust demand for premium memory chips and reinforcing the ongoing boom in the memory sector.This surge marks Micron’s 34th record close of the year, as investors bet on sustained strength in AI-driven and consumer electronics memory sales.
George Glover for Barron’s:‎Futures tracking the S&P 500 were 0.8% higher after President Donald Trump signed a memorandum