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Barchart
Wajeeh Khan

MU Stock Rises as Micron Teams Up With Anthropic on AI Infrastructure

Micron (MU) extended gains on June 22 after announcing a strategic partnership with Anthropic aimed at co-designing and securing hardware infrastructure for massive AI workloads.

As investors cheered the Anthropic news, MU’s relative strength index (RSI) looks poised to climb into the early 70s, indicating overbought conditions that often trigger a selloff.

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