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-9.74930362116105E-05 -0.000974930362116897 -0.000598885793871797 -0.000529247910863503 -0.00454038997214483 -0.0059888579387186 -0.00537604456824514 -0.00495821727019491
Stock impact report

Micron Drop Raises A Bigger AI Question [Yahoo! Finance]

Micron Technology, Inc. (MU) 
Last micron technology, inc. earnings: 3/25 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.micron.com
Company Research Source: Yahoo! Finance
Micron Technology ( NASDAQ:MU looks like it's catching its breath after a rough stretch, with the stock stabilizing following a 23% drop over the past 6 sessions as investors try to make sense of two very different signals. The selloff picked up pace after Alphabet ( NASDAQ:GOOG ) introduced its TurboQuant compression tech, which aims to cut memory usage and make AI models more efficient. That's where the concern kicked in. If AI systems start needing less memory, it could eventually weigh on demand for chips like Micron's. The reaction was immediate. The stock dropped nearly 7% in the last session, while peers like Western Digital ( NASDAQ:WDC ), Seagate ( NASDAQ:STX ), and SanDisk ( NASDAQ:SNDK ) also moved lower. Warning! GuruFocus has detected 3 Warning Signs with MU. Is MU fairly valued? Test your thesis with our free DCF calculator. But then came a curveball. President Donald Trump, speaking on Fox News, described Micron as one of the hottest companies in the U.S. after Show less Read more
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