According to Marketwatch, Micron Technologies (MU) stock surged nearly 10% on Monday (June 8), after rebounding strongly following a 13% decline on Friday amid profit-taking in the semiconductor sector. The memory chip sector also rose simultaneously, with SanDisk climbing over 5% and Western Digital and Seagate also advancing. Cantor Fitzgerald analyst C.J. Muse predicted that the memory market will face structural shifts driven by AI demand, supply constraints, and long-term supply contracts. Muse expects DRAM and NAND markets to remain in deficit from 2026 through the end of 20

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