๐ง Intel $INTC +3.6% and Micron $MU +3%+ โ US trade policy just handed them a gift
US memory chipmakers are rallying Monday after Commerce Secretary Howard Lutnick signaled the Trump administration opposes Apple sourcing memory chips from Chinese suppliers. Intel jumped 3.58%, Micron rose over 3%, and Seagate climbed 2.5% as traders bet US producers capture that redirected demand. The news compounds SanDisk's already spectacular 35%-in-a-week run, making US storage and memory one of today's hottest sector trades. Not financial advice. How much upside could a sustained Apple-sourcing shift add to US chip revenues?
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