local
Investors bet on AI again after Micron reports 346% sales jump
By CNN Newsource at KVIA ABC-7
· June 25, 2026
· 2 min read
By Anna Cooban, CNN
London (CNN) — On Tuesday, investors were dumping AI stocks, worried that frothy valuations may be running away from reality. By Thursday, they were believers again.
Micron Technology (MU), a US chipmaker, posted blockbuster quarterly results Wednesday afternoon, sending i...
Key takeaway Micron Technology (MU), a US chipmaker, posted blockbuster quarterly results Wednesday afternoon, sending its stock up by more than 16% in pre-market trade Thursday.
Why this matters in The El Paso
The recent volatility in AI stocks, including the dramatic rebound after Micron Technology's strong quarterly results, has significant implications for El Paso 's growing tech industry. As a city with a strong focus on innovation and economic development, El Paso is likely to feel the ripple effects of these market fluctuations. The demand for memory semiconductor chips, such as those produced by Micron, is a key indicator of the health of the AI sector, and the company's 346% sales jump is a positive sign for local businesses and investors. With the city's efforts to attract new tech companies and investments, the performance of AI stocks will be closely watched by local leaders and entrepreneurs, who will be looking to capitalize on the growth opportunities presented by this emerging industry. The city's economic development strategy will likely take into account the trends and developments in the AI sector, including the recent surge in Micron's stock price.
About this story
Original reporting by KVIA ABC-7 . The El Paso surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit KVIA ABC-7 . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: June 25, 2026 ·
Source: KVIA ABC-7 ·
Reading time: 2 min
Get more The El Paso stories like this
Free weekly briefing covering local and other local news. Curated by our editorial team. No spam.
By subscribing you agree to our privacy policy . Unsubscribe anytime.
Frequently asked about this story
What is this story about? By Anna Cooban, CNN
London (CNN) — On Tuesday, investors were dumping AI stocks, worried that frothy valuations may be running away from reality. By Thursday, they were believers again.
Micron Technology (MU), a US chipmaker, posted blockbuster quarterly results Wednesday afternoon, sending i...
When was this published? This article was first published on June 25, 2026 by KVIA ABC-7 and curated for The El Paso readers.
Who reported this story? This story was reported by CNN Newsource at KVIA ABC-7. To learn more about how The El Paso selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from The El Paso, or browse our daily briefing and topic hubs .
← Back to all news
More local →
Today’s briefing
Subscribe to newsletter