MU News & Events

Mixed options sentiment in Micron (MU), with shares up $11.22, or 2.93%, near $394.11. Options volume roughly in line with average with 534k contracts traded and calls leading puts for a put/call ratio of 0.92, compared to a typical level near 0.77. Implied volatility (IV30) dropped 6.6 near 69.08,in the top quartile of the past year, suggesting an expected daily move of $17.15. Put-call skew steepened, indicating increased demand for downside protection.

Intel's (INTC) memory ambitions are "back in the spotlight" after it announced a partnership with SoftBank's (SFTBY) subsidiary SAIMEMORY to develop Z-Angle Memory, said TrendForce News. EE Times Japan, citing a SoftBank spokesperson, notes that SoftBank plans to invest roughly 3 billion yen through prototype completion in fiscal 2027, the report noted. Other publicly traded companies in the memory space include Micron (MU), Western Digital (WDC), Seagate (STX) and SanDisk (SNDK).