I Frenzy Cools: Micron’s Sharp Decline Signals Market Volatility
- June 29, 2024
- By:Jack Black
- Category:News
- no comments
Micron Technology Inc.’s post-results selloff sent a fresh reminder to global investors about the risks inherent in bets on artificial intelligence chipmakers. Days after leading AI chipmaker Nvidia Corp. slumped by nearly half a trillion dollars, Micron shares fell about 8% in extended trading after the memory maker offered a forecast that fell short of the highest estimates. Micron is…