What's Going On With Micron Shares Tuesday?

Micron Technology, Inc. MU stock is trading higher on Tuesday after the company announced its 4600 PCIe Gen5 NVMe Solid State Drive (SSD), designed to deliver performance and user experience for gamers, creators and professionals.

It can load large language models in less than a second and reduces AI model load times by up to 62% compared to the previous generation. Additionally, the drive improves energy efficiency by up to 107% over Gen4 SSDs. These improvements make system tasks faster and more efficient while extending battery life.

“With the 4600 NVMe SSD, users can load large language models in less than one second, enabling PC experiences in data-intensive applications, especially for AI,” said Prasad Alluri, vice president and general manager for Client Storage at Micron. “As AI inference runs locally on the PC, the transition to Gen5 SSDs addresses the increased need for higher performance and energy efficiency.”

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MU Price Action: At the time of writing, Micron shares are trading 6% higher at $105.50, according to data from Benzinga Pro.

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