Micron stock jumps 5% on Gen5 SSD launch as memory-price surge stays in focus

New York, Jan 6, 2026, 09:49 EST — Regular session

Micron Technology, Inc. shares rose about 5% in early New York trading on Tuesday after the memory-chip maker announced a new client solid-state drive. The stock was up 5.2% at $328.27, versus a 1.7% rise for the iShares Semiconductor ETF, after closing at $312.15 on Monday.

Micron said it launched the Micron 3610, a client SSD it described as the first PCIe Gen5 drive using its G9 QLC NAND — a denser type of flash storage designed to lower cost per bit. Micron said the drive can reach sequential read speeds of up to 11,000 megabytes per second and offer up to 4 terabytes in an M.2 2230 form factor, and is already sampling with select PC makers. “The 3610 will…

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