Right on the heels of an explosive rally yesterday, Micron decided to add some frosting to the cake with their own earnings announcement, and MU blasted higher after-hours. It is at a record high. Again.
![](https://slopeofhope.com/wp-content/uploads/2024/03/MU-640x435.png)
This helped boost the semiconductor sector fund, although not itself at lifetime highs. Ever since the zany turnaround with NVDA on March 8th, there’s still a bit of indigestion going on there.
![](https://slopeofhope.com/wp-content/uploads/2024/03/SMH-1-640x415.png)
I am particularly intrigued by the price gap I pointed out yesterday on Advanced Micro Devices, which held beautifully this morning, even with the Micron mania going on right next door.
![](https://slopeofhope.com/wp-content/uploads/2024/03/AMDAMD-640x342.png)