Micron shares tumble as $94 billion loss hits AI memory trade
Micron Technology slipped again in Friday’s premarket after a rough session. The memory-chip name, one of the top plays in the artificial-intelligence rally, slumped sharply Thursday. The last available price for Micron was $996, off about $81 from the previous close. MarketWatch, quoting Dow Jones Market Data, reported the 7.7% drop took $94.24 billion in value off the stock.