Senator John Fetterman disclosed a rare stock purchase of Micron Technology ($MU) on March 30, 2026, marking just the third time the senator has disclosed trades during his term, with the position now up more than 60% following a recent rally in semiconductor stocks.
- The purchase, valued between $1,001 and $15,000, was disclosed on April 3, 2026 and listed under a family member.
- Shares of Micron have risen sharply since the trade date, gaining over 60% as of the latest session, including a 5% increase today.
- Micron operates in memory and semiconductor markets tied to AI, data centers, and advanced computing demand.
- Fetterman serves on the Senate Commerce Committee, which has jurisdiction over technology, innovation, and supply chains.
- He also sits on the Homeland Security Committee, which oversees cybersecurity and critical infrastructure tied to semiconductor policy.
- Micron has historically lobbied on issues including semiconductor manufacturing, supply chain security, and federal funding for domestic chip production.
Relevant Companies
- Micron Technology ($MU) – Semiconductor manufacturer whose stock has risen significantly following the disclosed trade.
Editor’s Note: This is a developing story. This article may be updated as more details become available.