Shares of Micron Technology were rising to end the week. But the memory-chip company looks broadly range-bound as the stock is buffeted by the wider debate around the artificial-intelligence trade.

Micron shares were gaining 1.8% to $1,054.60 in premarket trading. The stock dropped 4.8% on Thursday, driven by a Financial Times report that OpenAI’s annualized recurring revenue was $20 billion lower than previously signaled.

AI stocks were recovering Friday as analysts and additional media reports suggested the figures were being confused by discrepancies between how OpenAI and its rival Anthropic measure their revenue. Micron was getting a boost but remains broadly in the range of $1,000 and $1,100 where it has traded since mid-September.

Barron’s previously argued Micron could double when it traded at around $1,100 amid a continued memory shortage. The next major catalyst could be when Micron is able to start major stock buybacks, which will be from Dec. 9, under the conditions of its 2024 U.S. Chips Act funding.