Micron Falls 4% as Kioxia’s Cautious Outlook Hits Memory Stocks; Western Digital Drops 5%, SanDisk Slides 3%
A cautious forecast from Kioxia Holdings, Japan’s largest memory chipmaker, turned an overnight gain in Micron Technology (NASDAQ:MU) into a loss and pulled memory stocks lower. Micron stock is at $853.34, down 4% this afternoon. The decline adds to a pullback from an AI-fueled run in the chipmaker’s shares. Over the past month, Micron stock […]
A cautious forecast from Kioxia Holdings, Japan’s largest memory chipmaker, turned an overnight gain in Micron Technology (NASDAQ:MU) into a loss and pulled memory stocks lower. Micron stock is at $853.34, down 4% this afternoon. The decline adds to a pullback from an AI-fueled run in the chipmaker’s shares. Over the past month, Micron stock […]
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