What's Going On With Micron Technology Stock Thursday?

Micron Technology, Inc MU stock is trading higher Thursday amid reports of the chip designer showcasing its latest technologies at the China International Import Expo. 

Close to 47 chip-related companies, including Qualcomm Inc QCOM, ASML Holding NV ASML, and Samsung Electronics Co SSNLF, are demonstrating their latest technologies. 

Also Read: Micron Technology to Forge with Advanced AI Chips in Taiwan and Japan

Interestingly, Nvidia Corp NVDA, subject to the U.S. trade embargo, continued its absence from the event over the past five years.

Despite a previous sales ban, Micron is making its debut at the expo, implying its attempts to improve its relations with the Asian country.

Advanced Micro Devices, Inc AMD also participated in the expo.

Price Action: MU shares traded higher by 2.49% at $74.08 on the last check Thursday.