Micron Shares Drop Under $1,000 on AI Memory Surge and Earnings Concerns
Micron Technology started the week still trading under $1,000, ending Friday at $981.61, while most U.S. indexes climbed. The lag stands out since Micron is seen as a key artificial-intelligence memory play, now valued near $1.12 trillion. Investors are questioning if the earnings outlook is too bullish for the stock.