Micron shares are rising again despite weak overall market. Why memory chip rally seems unstoppable

Sopa Images | Lightrocket | Getty Images Micron has become a standout favorite during the ongoing memory chip rally as tech companies scramble to secure supply amid shortages. The stock is up yet again on Monday even as the overall market is sagging on rising energy prices and concerns of renewed fighting between the US and Iran. Shares of Micron were up 5% in premarket trading as S&P 500 futures were set to open lower. …