Shares of Micron (NASDAQ: MU) were among the winners this week after the memory-chip specialist benefited from general excitement about the chip sector and artificial intelligence (AI) with the start of CES earlier this week.

According to data from S&P Global Market Intelligence, the stock finished the month down 14%. As you can see from the chart, shares fell sharply after the earnings report came out in the middle of the month and stayed down from there.

Nvidia jumped during early market action on Monday after Foxconn Technology reported its highest fourth quarter revenue on record. Read more here.

Micron stock surges after Nvidia CEO praises their chips at CES. But mixed technical signals may impact the rally.

Nvidia stock briefly touched a new record Tuesday following a high-profile speech from its billionaire leader Jensen Huang, but surprisingly reversed quickly to a significant daily loss, headlining a surprise stark selloff across technology stocks.

Stocks making notable moves in Tuesday's premarket action include: Nvidia shares are up 1.5% and eyeing a fresh record high as investors welc

Micron stock is gaining ground today thanks to Nvidia -related news. Investors got a new indicator that demand for the artificial intelligence ( AI) leader's hardware remains very strong, and there's also excitement that the AI pioneer's CEO could discuss new hardware featuring Micron's technologies during his presentation this evening.

Since AI emerged as the world's next megatrend about two years ago, one product in particular has become the technology sector's holy grail.

Nvidia falls after the company provides few updates about its artificial-intelligence chips at the CES trade show, while shares of Micron and Aurora Innovation jump after securing partnerships with the semiconductor giant.

Micron (NASDAQ: MU) stock is making gains in Tuesday's trading. The memory technologies company's share price was up 6.1% as of 11:15 a.m. ET, despite the S&P 500 (SNPINDEX: ^GSPC) being down 0.4% and the Nasdaq Composite (NASDAQINDEX: ^IXIC) down 1.