Stocks making the biggest moves midday: Micron Technology, AutoZone, Qualcomm, Oklo & more

Here are the companies making headlines in midday trading. Micron Technology — Shares popped nearly 18%, touching a new high and lifting the company's market capitalization to $1 trillion. UBS raised its price target on the stock to $1,625 from $535, suggesting shares could more than double from Friday's close. Shares have gained more than 800% in the past 12 months. Semiconductors — Chip stocks rose on Tuesday, with the VanEck Semiconductor ETF (SMH) gaining more than 3% to touch a new 52-week high. On Semiconductor added nearly 9%, as did Western Digital . Advanced Micro Devices gained 6%. Oklo — The nuclear tech company rose 6% after announcing that the Department of Energy chose it for advanced discussions for using Cold War-era plutonium as fuel for nuclear reactors. Oklo said it will be working with European nuclear reactor developer Newcleo to produce the fuel. Modine Manufacturing — The maker of HVAC components jumped 16% after announcing it has reached a $4 billion agreement through 2029 with one of its strategic data center customers. The company will provide this customer with its Airedale by Modine cooling solution. Qualcomm — The chipmaker gained 3% after Bloomberg reported that Qualcomm reached a deal with TikTok owner ByteDance to supply the company with chips for its artificial intelligence data centers. …