News Summary

• Micron Technology is one of the stars of the technology rally that has sent chipmakers soaring.
• Micron is up 740% from a year ago, boosting its market value to $1.20 trillion.
• Investors are bracing for more volatility after recent market swings fueled by large flows tied to SpaceX and a two-day boom-bust ‌in semiconductor stocks.
• The Nasdaq has fallen more than 5% after a record run, and investors say the market swings have at times been surprisingly abrupt.