Micron Shares Jump Nearly 5% on Anthropic Deal Ahead of Earnings
2026-06-22 16:30:55
Micron Technology (MU) shares climbed nearly 5% Monday after the memory maker unveiled a strategic deal with Anthropic covering chip design, a multi-year supply arrangement, and an equity investment in Anthropic’s Series H round. According to BeInCrypto, the companies will co-engineer memory and storage subsystems for AI training and inference, and the supply deal spans high-bandwidth memory, DRAM, and solid-state drives across Micron’s data center portfolio. Micron reports fiscal third-quarter results Wednesday.
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