HBM demand

Micron Technology’s stock is back under pressure on Friday as Wall Street continues to digest a brutal two‑day slide triggered by management’s warning that capital spending will likely run even higher to keep up with surging AI memory demand. By late morning U.S. trading on November 21, Micron (NASDAQ: MU) was changing hands around $193, down roughly 4% on the day after opening above $204 and trading between an intraday high of $205.94 and a low near $193.07. That follows Thursday’s 10.9% plunge to a close of $201.37, Micron’s fourth straight daily decline and part of a roughly 15% pullback