Micron Technology Falls Amid Memory Market Concerns
Micron Technology (NASDAQ: MU) fell by nearly 6% on May 18, reversing early gains amid broader semiconductor sell-offs and concerns over memory market dynamics. The decline was driven by valuation worries following an AI-driven rally, supply risks from Asian chip producers like Samsung, and exposure to China's demand for DRAM and NAND chips.
Tickers: $MU