Micron stock slips after Nvidia “hangover” hits chipmakers; MU eyes next catalyst
Micron Technology shares fell $6.94, or 1.6%, to $415.67 Thursday, tracking a broader decline in AI-linked chip stocks after Nvidia dropped 4%. The Philadelphia SE Semiconductor index was set to snap a 10-week winning streak. In India, Prime Minister Modi will inaugurate Micron’s new ATMP plant in Sanand on Feb. 28. Micron reports fiscal Q2 results on March 18.