Micron Rebounds 5.5% as Memory Tightness Returns to Focus, Taiwan Labor Talks Hit Key Date

Micron Technology shares jumped 5.5% to $977.50 on Thursday, putting the stock back above its pre-Monday level as tight memory supply returned to the center of the semiconductor trade. The rebound now meets a company-specific labor test in Taiwan, where Friday is one of two key mediation dates, and unions have warned they could move toward a strike vote if Micron fails to produce a concrete profit-sharing proposal.

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