# Micron Technology shares were up 9.49% at $413.43 during premarket trading on Wednesday.

*semiconductor · news · 2026-04-08 · Benzinga*

## Key points

- SK Hynix is moving toward a U.S. listing, potentially drawing investor capital from Micron.
- Micron has made a strategic investment in SiMa.ai to enhance edge AI system performance.
- Micron’s LPDDR5X memory will be embedded in SiMa.ai’s Modalix MLSoC platform for improved efficiency.
- Micron’s estimated 2026 EPS and revenue are projected to rise sharply year-over-year.

**Companies:** Micron Technology, SK Hynix, SiMa.ai
**Countries:** United States, South Korea

[Read the full story on Benzinga](https://www.benzinga.com/markets/tech/26/04/51702808/why-is-micron-technology-stock-gaining-wednesday)

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