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Closing Bell Overtime: AI Trade Bounces Back As Micron Has Best Day in a Month  6/25/26

Closing Bell

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The Bell is bringing an end to the trading day at the NYSE Barnes & Noble Education ringing the bell and at the NASDAQ Visteon doing the honors. We're going to close the bell overtime live from Studio B at the NASDAQ Market Site. I'm Mike Santoli. Melissa Lee is off today.

Another mixed day for the market. Small moves for the top line indexes but big moves underneath. The Dow up just about 50 points. Actually, just above the flat line there. S&P 500 down slightly. NASDAQ off for the fourth day in a row. The Russell posting a gain of about a quarter of a percent or thereabouts. A little more. The big story, the continued run of Micron and SanDisk but Apple falling as it has to raise prices because of memory chips.

Is tech becoming a zero-sum gain? Chips, especially memory, soaring. Everybody else paying the price. It seems to be the pattern. We'll dig deeper into that coming up. Let's start with more on today's big movers. Christina Partsinevelos has the details. Christine. Mike, I know you remember it, but earlier this week, just Monday, Tuesday, memory sell-off. It seems so long ago, but it's somewhat flipped on its head today. Thanks specifically to Micron. You can see closing 15% higher.

The Memory Makers blowout quarter, reviving pretty much the AI cycle story and its supply chain proxies, not the entire chip ecosystem. And that did help competitor SanDisk up about 22% today. Micron's CapEx commentary also a positive read for chip equipment names.

Closing Bell Overtime: AI Trade Bounces Back As Micron Has Best Day in a Month 6/25/26

Read the full transcript

The candid version is on a podcast,
not the earnings call.

Closing Bell Overtime: AI Trade Bounces Back As Micron Has Best Day in a Month 6/25/26

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.