Michał Rogucki

Michał Rogucki

Michał Rogucki is a senior markets reporter at TS2.tech. His coverage ranges from stocks and technology to economic developments affecting global markets. He graduated from Humboldt University of Berlin and worked in investment research and market analysis before becoming a financial journalist.

Micron shares tumble as $94 billion loss hits AI memory trade

Micron shares tumble as $94 billion loss hits AI memory trade

Micron Technology slipped again in Friday’s premarket after a rough session. The memory-chip name, one of the top plays in the artificial-intelligence rally, slumped sharply Thursday. The last available price for Micron was $996, off about $81 from the previous close. MarketWatch, quoting Dow Jones Market Data, reported the 7.7% drop took $94.24 billion in value off the stock.
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