MU — Micron Technology, Inc. - Common Stock
Session close: $798.44. Regular-session share volume: 23,357,391. Change from previous close: -1.59%.
Key developments
Micron shares fell as investors reacted to Nvidia's leadership change and broader weakness across AI-linked semiconductor stocks. Micron supplies high-speed memory used alongside Nvidia processors, leaving it exposed to shifts in sentiment around Nvidia and the AI hardware supply chain.
Company mentioned — Mentions MU in the article text. What Is Going on With Micron Stock on Thursday?
Goldman Sachs maintained a Neutral rating, noting Micron's risk/reward is becoming more attractive on expected strong free cash flow and a more compelling valuation, while remaining cautious versus South Korean memory peers. An officer filed notice of intent to sell shares. Sector context: memory names had rallied after CoreWeave's CEO said AI infrastructure demand outpaces global capacity.
Company news Goldman Sachs Maintains Neutral Rating on Micron Technology · Company mentioned — Mentions MU in the article text. Micron Officer Files Notice of Proposed Stock Sale · Company mentioned — Mentions MU in the article text. Micron, Sandisk Soar as CoreWeave CEO Says AI Demand Outpaces World's Capacity
News sources
Company news CNBC Halftime Report Final Trades: Micron Technology, Digital Realty Trust, Natera, Moody's · Company news Micron Technology Named to Fortune World's Best Workplaces List · Company news Goldman Sachs Maintains Neutral Rating on Micron Technology