Micron Technology & United States — Federal Reserve

Micron Technology: Micron Technology clawed back its losses, jumping more than 5% before markets opened due to the artificial intelligence boom.

United States — Federal Reserve: The United States — Federal Reserve has paused interest rate cuts due to inflation caused by the war with Iran and Donald Trump's tariffs, with traders betting on a potential rate hike.

Micron Technology: Micron Technology fell 6.6%, being one of the heaviest weights on the market during the tech stock tumble.

United States — Federal Reserve: The United States — Federal Reserve's ability to cut interest rates is constrained by rising inflation, with some traders even betting on rate hikes in 2026.

Micron Technology: Micron Technology soared more than 15%, lifted by strong demand from the rapid buildout of AI data centers, contributing to the market rally.

United States — Federal Reserve: The United States — Federal Reserve is expected to leave interest rates unchanged for some time, with traders anticipating rates to remain in the 3.50% to 3.75% range until the end of the year, based on resilient labor market data.

Micron Technology: Micron Technology dropped 3.6% as part of the broader decline in chip companies.

United States — Federal Reserve: Traders suspect the United States — Federal Reserve will keep interest rates high to combat inflation, influencing Treasury yields.

Micron Technology: Micron Technology's Chairman, President, and CEO, Sanjay_Mehrotra, was invited to join Donald Trump on his trip to China.

United States — Federal Reserve: Kevin Warsh was confirmed as the new chairman of the United States — Federal Reserve, taking leadership at a time of stubborn inflation and divisions over interest rates.