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Micron Surges 12.2%, SK Hynix Jumps 13.8% Ahead of Alphabet Earnings

2026-07-22 04:31:22

MU-0.17%

SKHY-2.72%

SKHYV-0.98%

GOOGL0.29%

According to Barron's, Micron Technology (MU-US) and SK Hynix ADR stocks surged on Tuesday, July 21, ahead of Alphabet's (GOOGL-US) earnings announcement on Wednesday. Micron closed up 12.2% to $970.82, with its market value recovering above $1 trillion. SK Hynix ADR gained 13.8% to $171.94. The rally reflects investor expectations that tech companies will increase AI investments, driving demand for high-bandwidth memory (HBM) and related chips.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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