Micron Technology is a global leader in the semiconductor industry, specializing in the development and production of memory and storage solutions. They design and manufacture a wide range of memory products, including DRAM, NAND flash, and NOR flash memory, which are used in various applications such as computers, smartphones, and data centers. With a focus on innovation and technological advancements, Micron Technology aims to provide high-performance and reliable solutions to meet the increasing demands of the digital world.

In terms of technical analysis, the stock of Micron Technology is currently retesting at the Fibonacci extension level of 127. A retest at this level suggests that the stock price has reached a significant extension level based on the Fibonacci sequence. 

Traders and investors may closely monitor the stock's price action and volume to assess whether the stock will continue to find support or potentially reverse its direction. This level can be considered as a key area of interest for market participants.