Micron stock slips as rival SK Hynix’s $13 bln AI memory push stirs supply nerves
New York, January 14, 2026, 16:21 ET — After-hours Micron Technology (MU.O) shares dropped 1.4% on Wednesday, slipping to $333.37. The dip followed a strong rally as investors digested new supply plans announced by a major competitor in the AI memory sector. The timing is tricky for the stock. Retail investors have been piling into memory and storage companies, betting that AI data centers will keep pushing supply tight. Reuters noted that Micron has jumped 18% so far in 2026, after soaring 240% last year. Samsung co-CEO TM Roh described the shortage as “unprecedented,” while Interactive Brokers strategist Steve Sosnick