However, there’s no denying that Micron Technology (NASDAQ:MU) will have a huge advantage with the government’s financial support. For that reason, it makes perfect sense to buy Micron Technology stock now.

Shares of Micron Technology ( MU 2.37%) gained ground on Thursday, climbing as much as 1.1%. While this might not seem like much to celebrate, the gains came against the backdrop of a broader market downturn as the Nasdaq Composite lost 0.8% and the S&P 500 shed 0.6% (as of this writing). As of 1:41 p.m. ET, the stock was still up 0.5%.