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Micron stock tanks 17% as AI chip selloff deepens: What's next?
Micron Technology shares witnessed a massive selloff on November 5, plunging 17.46% to close at $656.39, their lowest level in nearly six months. The stock also touched an intraday low of $650 as investors dumped semiconductor and AI-related stocks amid growing concerns over the outlook for the AI trade. (Sources: TradingKey, Benzinga) Micron shares plunge 17% in massive AI chip selloff
Micron Technology shares witnessed a massive selloff on November 5, plunging 17.46% to close at $656.39, their lowest level in nearly six months. The stock also touched an intraday low of $650 as investors dumped semiconductor and AI-related stocks amid growing concerns over the outlook for the AI trade. (Sources: TradingKey, Benzinga) Micron shares plunge 17% in massive AI chip selloff
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