Micron Stock Rises After SK Hynix Surges. The Memory-Chip Boom Is Back.

Micron Technology stock was rising on Thursday, signaling to investors that the memory-chip trade is back on as rival Samsung Electronics agreed a last-minute deal to avert a strike. Micron climbed 0. 8% to $737. 50 ahead of the opening bell.

Futures tracking the were flat as investors tried to make sense of Nvidia first-quarter earnings.