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Technology 3 July 2026 - 5 July 2026

Micron Technology (NASDAQ:MU) sheds $202 billion in market cap in two-day chip selloff before holiday

Micron Technology (NASDAQ:MU) sheds $202 billion in market cap in two-day chip selloff before holiday

U.S. stock markets closed Friday for the Independence Day holiday, leaving Micron Technology with a two-session slide going into the break. The company’s shares dropped from $1,154.29 on Tuesday to $975.56 at Thursday’s close, down 15.5%. That move wiped out roughly $202 billion in market cap, based on MarketWatch’s figure of 1.13 billion shares.
NVIDIA Corporation (NASDAQ:NVDA) stock tests $200 as chip selloff shifts to AI capacity risk

NVIDIA (NASDAQ:NVDA) holds as 210,000-GPU cloud move set for July milestone

NVIDIA Corporation heads into the extended U.S. holiday with shares that outperformed the chip sector overall but are still held back by Wall Street’s latest concern: how much future sales will come from customers relying on Nvidia-funded infrastructure. Nasdaq will be closed July 3 for Independence Day observed. Regular trading hours are 9:30 a.m. to 4 p.m. Eastern.
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