Buy MU by Mar 23, 2026.

MU just popped \~4% on decent volume, and this feels more structural than your typical intra-day swing. The broader semiconductor group has been lagging AI “pure plays,” but memory names had been oversold relative to both Nvidia and the rest of the chip complex. Today’s strength suggests some rotation may finally be happening. There are a few catalysts behind this move: signs of improving memory pricing in channel checks, continued AI server demand, and technicals showing a break above short-term …