Micron Technology (NASDAQ: MU) has suffered a sharp correction over the past month, with shares falling about 25%.
Bloomberg's Stacey Vanek Smith, David Gura and Nikki Waller join Scarlet Fu and Tom Keene on "Bloomberg Money." They discuss this week's spike in oil prices, global inflation worries, the jump in retirement health costs and millionaires tied to Micron.
There isn't one “smoking gun” catalyst — but investors could be reacting to Chinese memory developments, Korean stock-market weakness and Intel's inability to sustain postearnings gains
Semiconductor stocks are resuming their recent slide.
Micron (MU) reported earnings 30 days ago. What's next for the stock?
Micron Technology, Inc. remains a leading beneficiary of AI infrastructure growth, as expanding memory requirements increase the TAM across HBM, DRAM and NAND. Next-generation frontier models like Kimi K3 are becoming more compute efficient, yet larger parameters, longer context windows and expanding agentic context stores drive substantially higher memory intensity. Lower inference costs allow increased usage within constrained token spend budgets, while making previously uneconomical AI applications viable across new industries and use cases.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Micron stock's next catalyst may be coming from the Chinese model that initially unsettled semiconductor investors. MU closed Thursday at $990.21, up 3.2%, after Alphabet raised its 2026 capital-spending forecast and revived confidence in data-centre demand.
84.6%. That is Micron's GAAP gross margin in fiscal Q3 2026, up from 37.7% in the same quarter a year ago.
Investors are piling into the Roundhill Memory ETF (DRAM) as top stocks in the industry bounce back. DRAM jumped to $59.23, up by 20% from its lowest level this month.
Chips took a beating in July, and if you sold in a panic, take a breath. On a CNBC segment earlier this week, Wells Fargo chief equity strategist Ohsung Kwon and Strategy Asset Managers CEO Tom Hulick both argued the semiconductor pullback is a positioning reset ahead of what could be the largest capital spending wave in computing history.