Micron Stock Drops 4% as Memory Selloff Deepens Even Though the Chip Shortage Keeps Fueling Booming Profits
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4 Articles
Micron Stock Drops 4% as Memory Selloff Deepens Even Though the Chip Shortage Keeps Fueling Booming Profits
Micron shares fell for a second consecutive session as concerns over the cost and sustainability of AI investment overshadowed soaring memory chip prices and industry profits.
Korean chipmakers' results revealed a warning for Micron investors. This week has seen many clues about the prospects for the AI sector, and more specifically memory chipmakers, which have at times confirmed that demand will continue, but at the same time raised several red flags. Investor Toomas, Artificial Intelligence, Investment Idea, Microsoft, Investment, Nvidia, Information Technology, Stock, Stock Exchange, USA.
Micron Stock $902 After KOSPI's 5% Drop: Bull $1,050
Updated 30 October 2026. Micron (MU) closed Thursday at $934.27, down 4.98 percent, and traded at $902.43 after hours at 7:59 pm ET (StockAnalysis), as Sandisk's results beat but its shares fell. On Friday the KOSPI dropped more than 5 percent, with SK hynix down 8.65 percent and Samsung down 6.03 percent by late morning in Seoul (Korea Times). Verdict: the demand data from Sandisk is strong, but the market is selling memory on doubts about AI s…
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