U.S. semiconductor memory stocks experienced a significant surge, with SanDisk (SNDK) rising over 10% and Micron Technology (MU) climbing more than 7% overnight. This rally was monitored by Hyperinsight, highlighting a strong market rebound. A notable investor, identified by the address starting with 0xa65, had strategically positioned themselves prior to the surge. They opened a 3x leveraged long position in Micron Technology on Hyperliquid, with an average entry price of $322 and a position size of $8.74 million. This move, the largest on-chain long position in MU, has resulted in an unrealized profit of $504,000, marking a 15% gain as the sector rallied.