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NASDAQ:MU 9 July 2026 - 15 July 2026

Micron (NASDAQ:MU) drops more than CXMT’s IPO valuation as China DRAM risk hits shares

Micron (NASDAQ:MU) drops more than CXMT’s IPO valuation as China DRAM risk hits shares

Micron Technology, Inc. shed around $94 billion in market value by late Wednesday morning, more than the $85.6 billion valuation expected for ChangXin Memory Technologies’ Shanghai debut. The stock dropped 8.4% to $900.78 at 11:52 a.m. EDT as investors looked at whether a nearly doubled capital raising could bring new DRAM supply faster. DRAM is used in servers, PCs and phones. That’s a sharp move for a rival that hasn’t started trading yet.
Oil up 13% as AI stocks, Fed and CPI all in play

Oil up 13% as AI stocks, Fed and CPI all in play

Brent crude jumped about 13% in two days, raising worries that higher oil prices could pinch AI-linked stocks just as rate hike odds are rising. S&P 500 futures added 0.1% before the start of Tuesday’s U.S. session. Traders now see a 43.3% chance of a 0.25-point Fed rate hike at the July 28-29 meeting, up from 34.2% Friday. “The prospect of tighter monetary policy into a potential energy shock is rarely supportive for risk assets,” said Chris Weston, head of research at Pepperstone.
AI stocks signal memory premium starting to fade

AI stocks signal memory premium starting to fade

AI stocks ended Monday in the red, though losses varied across the sector. A group of three memory and storage plays tied to AI dropped 7.2%, nearly double the 3.7% loss for a set of four compute and foundry names. The split points to investors shortening their view on how long shortage-fueled gains can last, despite healthy order books and continued spend on infrastructure.
Semiconductor Stocks Drop as Korea’s $576 Billion Plan Rattles AI Supply Outlook

Semiconductor Stocks Drop as Korea’s $576 Billion Plan Rattles AI Supply Outlook

U.S. chip stocks dropped hard Monday, with the Philadelphia semiconductor index sliding 3.6% in late-morning deals as Micron Technology, Sandisk, and SK Hynix paced the losses. Oil prices moved higher on renewed U.S.-Iran fighting, spurring a wider risk-off move. “The conflict is testing whether the stock market’s broad-based growth can hold,” said Alex Guiliano, chief investment officer at Resonate Wealth Partners.
Iran Oil Jolt Reveals 24% Spread on SK Hynix’s AI Bet

Iran Oil Jolt Reveals 24% Spread on SK Hynix’s AI Bet

U.S.-Iran tensions pushed oil prices much higher on Monday and dragged Nasdaq futures down about 1%. But the bigger move came from SK Hynix after a price gap showed up. Its ADRs, which let U.S. investors trade foreign shares, were indicated 9.2% lower at $152.50. Even with that slide, the ADRs still traded about 24% above the Seoul shares, based on a simple calculation.
AI stocks clear $26.5 billion test, memory chip trade now in focus

AI stocks clear $26.5 billion test, memory chip trade now in focus

AI names wrapped up a volatile week, with the standout move tied to a big share sale rather than any earnings news. SK Hynix pulled in $26.5 billion after demand topped supply by over seven times. Its American depositary receipts—U.S. certificates for overseas shares—ended Friday at $168.01, up 12.8% from the $149 offering price. Nasdaq Composite rose 1.7% this week while the S&P 500 added 1.2%.
Micron Technology (MU) Outlook 2026: Record Q1 Earnings, AI Memory Shortage, and the Latest Analyst Forecasts (Dec. 25, 2025)

AI Stocks Face Their Biggest Test Yet as Micron’s $250 Billion Bet Raises the Bar

Micron Technology’s plan to invest more than $250 billion in the United States through 2035 gave Wall Street a fresh marker for the artificial intelligence trade on Thursday: the spending boom is real, and it now has to show returns. Micron said the plan was driven by demand for memory chips in the AI era, while its shares rose about 8% in early trading.