Micron stock slips as William Blair flags AI “memory bottlenecks”; Fed decision ahead
Micron Technology shares fell 0.5% to $395.43 Friday amid sector weakness and volatile trading, as the Philadelphia Semiconductor Index dropped 1% after Intel’s disappointing outlook. Micron disclosed shareholder approval of a charter change capping officer liability and a planned insider sale of 26,623 shares by Manish Bhatia. Memory prices are rising, pressuring consumer tech, while investors watch HBM supply and upcoming tech earnings.