Micron stock slips premarket after CES-fueled rally to record close
Micron Technology shares fell 1.4% premarket Wednesday to $338.60 after a 10% surge to a record close Tuesday, following Nvidia CEO Jensen Huang’s CES comments on memory demand. DDR5 DRAM prices jumped 314% year-over-year in Q4, with further gains expected, as supply remains tight. Micron’s next earnings report is due March 18.