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Earlier in the week, memory chip maker Micron Technology posted strong quarterly results and said demand would remain strong for years to come. In Europe, shares of Dutch semiconductor-equipment maker ASML Holding and smaller rival ASM International are up 2.3% and 4.1%, respectively. BE Semiconductor Industries, the Dutch supplier of semiconductor assembly equipment, is up 2.6%. German chip maker Infineon Technologies' stock gains 4.6%. STMicroelectronics shares are up 2.7%. 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The stock rose 3%.Come Thursday morning, my inbox was full of questions that all boiled down to, \"What gives with this 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Traders chased the move. Long term holders are staring at a very different picture.\nQuarterly revenue reached US$54.2b and basic earnings per share hit US$33.36, both far above where Micron sat just a few quarters ago. The emotional pull is the sharp move in a high profile semiconductor stock. The fundamental anchor is a memory maker that just...","market":"sg","thumbnail":"https://simplywall.st/cdn-cgi/image/fit=cover,format=auto,width=320,height=180/https://images.simplywall.st/asset/company-cover/289030-card/1788937609501","type":0,"news_type":0,"thumbnails":["https://simplywall.st/cdn-cgi/image/fit=cover,format=auto,width=320,height=180/https://images.simplywall.st/asset/company-cover/289030-card/1788937609501"],"rights":{"source":"simplywall_highlight","url":"https://simplywall.st/stocks/us/semiconductors/nasdaq-mu/micron-technology/news/micron-mu-stock-jumps-as-record-ai-memory-profits-reset-expe","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://simplywall.st/stocks/us/semiconductors/nasdaq-mu/micron-technology/news/micron-mu-stock-jumps-as-record-ai-memory-profits-reset-expe","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":"simplywall_highlight","symbols":["IE00BK4W5M84.HKD","LU2286300806.USD","FAI","FTEC","SMH","BK4579","LU0943347566.SGD","LU0820561909.HKD","LU0859254822.USD","LU0964807845.USD","LU2023250330.USD","VGT","BK4575","WUGI","LU2860962120.EUR","MIC","LU0081259029.USD","IE0034235303.USD","WLDR","LU0274383776.USD","CGGO","LU1852331112.SGD","LU2458330169.SGD","SGXZ51526630.SGD","AIQ","LU1868837300.USD","LU0672654240.SGD","LU2213496289.HKD","LU0203345920.USD","SG9999015952.SGD","GB00BDT5M118.USD","IETC","LU2471134523.USD","IXN","LU2357627491.SGD","LU0708995401.HKD","LU0082616367.USD","PTF","BAI","BK4533","LU2750360641.GBP","MUG","LU0157215616.USD","JGRO","LU2168564065.EUR","TTXU","LU1868836591.USD","LU1548497426.USD","LU0096364046.USD","LU0109392836.USD","XLK","BK4532","LU0689472784.USD","FDTX","LU2102340556.USD","LU0256863902.USD","LU1267930813.SGD","LU0889565833.HKD","AIS","BK4527","LU2543165471.USD","LU2168563687.JPY","SOXX","FTXL","IE00B1XK9C88.USD","LU1366333091.USD","IE00BK4W5L77.USD","LU2756315318.SGD","CHPX","TRFK","LU0203347892.USD","LU0061475181.USD","LU1868836757.USD","BK4588","SGXZ81514606.USD","LU0642271901.SGD","SG9999001424.SGD","LU2360106780.USD","LU0353189680.USD","LU0320765059.SGD","IE00B19Z3B42.SGD","FXL","MU","LU2896262040.SGD","LU0127658192.USD","LU1551013342.USD","BK4553","LU1280957306.USD","LU0787776722.HKD","LU2931357623.SGD","LU0353189763.USD","LU1629891620.HKD","MUU","LU2290526834.HKD","IE00BWXC8680.SGD","LU0323591593.USD","LU2403377893.USD","IE00B19Z3581.USD","BK4141","LU2250418816.HKD","MUYY","LU1989764664.SGD","LU1778281490.HKD","LU2750360997.AUD","LU2054465674.USD","LU0640476718.USD","LU1674673691.USD","EGGY","EMSF","LU2168564222.USD","IE00BSNM7G36.USD","XNTK","LU2458330243.SGD","LU0210536198.USD","LU1868836914.USD","IE00B7SZLL34.SGD","LU2357305700.SGD","BK4512","SMU00main","LU2211815571.USD","BK4566","LU1803068979.SGD","CHPS","SGXZ99366536.SGD","IE00BKDWB100.SGD","BK4605","IE0002270589.USD","IE0009356076.USD","BOBP","LU0154236417.USD","IE00B5949003.HKD","LU2756315664.SGD","BK4585","LU0256863811.USD","LU0097036916.USD","IE000M9KFDE8.USD","LU2471134796.USD","LU0109391861.USD","EFIV","IE00BJLML261.HKD","LU0719512351.SGD","RULE","LU0820561818.USD","SG9999015978.USD","LU1323610961.USD","MUZ","PSI","LU2087625088.SGD","LU2168564495.EUR","USXF","LU0683600562.USD","LU0056508442.USD","SOXQ","LU1720051017.SGD","LU0820562030.AUD","LU1267930730.SGD","LU2168564149.EUR","LU1145028129.USD","LU1316542783.SGD","LU2360107168.USD","LU2089985449.USD","LU0889566641.SGD","LEGR","LU0133085943.USD","LU0238689110.USD","LU0417517546.SGD","LU1989764748.USD","SG9999015945.SGD","LU0234570918.USD","LU1551013425.SGD","SHOC","LU2471134879.HKD","AIFD","LU1674673428.USD","LU2048586759.USD","BK4543","LU1868837136.USD","LU0792757196.USD","LU1861220033.SGD","MULL","LU1720051108.HKD","LU2471134952.CNY","SG9999015986.USD","BK4554","LU1914381329.SGD","LU1861215975.USD"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2672076207","title":"Global Markets-Yields Fall After US 10-Year Hits Highest Since 2002; 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