Micron stock price today: What's driving MU rally - $100 billion New York mega fab site and insider share purchase

Micron stock price: Micron Technology's stock surged over 6% after announcing a monumental $100 billion memory manufacturing complex in New York. This facility, slated to be the largest in the U.S. and begin production in 2030, is expected to create 50,000 jobs and bolster AI and data center growth. The announcement also coincides with significant insider buying, further boosting investor confidence.