Wall Street Breakfast Podcast: Memory Lane Runs Higher

Micron Technology delivered fiscal Q3 results and guidance that significantly exceeded Wall Street expectations, sending MU up 17% in premarket trading. The move lifted the Roundhill Memory ETF (DRAM) 12.6% premarket, highlighting strong positive spillover across the memory chip group. DRAM has gained 151.9% since its 2026 debut, underscoring powerful investor momentum in the sector.

Analysis

Micron Technology delivered fiscal Q3 results and guidance that significantly exceeded Wall Street expectations, sending MU up 17% in premarket trading. The move lifted the Roundhill Memory ETF (DRAM) 12.6% premarket, highlighting strong positive spillover across the memory chip group. DRAM has gained 151.9% since its 2026 debut, underscoring powerful investor momentum in the sector.