Bull markets are often built on themes, and it’s clear which one has been driving the current one’s gains. It’s all about AI, of course, with the

Micron Technologies (MU) is climbing for a second straight day after Nvidia (NVDA) noted that it was using MU’s chips in its new products. After advancing 10.5% yesterday, the shares are climbing 6% today.

Micron posted disappointing guidance in its fiscal first-quarter earnings report. The company's $6.17 billion award from the CHIPS Act is being finalized. Micron looks cheap on a forward earnings basis.