China's Competitive Threat To Micron Called 'Paper Tiger'

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Recent selling pressure in the memory chip sector has once again brought Micron Technology into the market spotlight. During the German trading session, the stock experienced two significant pullbacks – first a 4.1% decline to close at €851.30, then a further 5.4% drop to €840.10. This continued weakness is not due to a crack in the company's fundamentals, but rather a microcosm of the entire semiconductor industry's repeated weighing of AI inve…