Micron shares fell 6.3% in mid-day trading on Thursday, with a low of $849.25 and last trading at $856.49, versus a prior close of $913.67. Volume of 30,863,984 shares was 24% below the average daily volume of 40,817,113 shares. The latest results showed revenue up 379% year over year to $54.23 billion, adjusted EPS of $33.42, and guidance for about $61.5 billion in next-quarter revenue, with strong HBM and NAND demand cited as supporting the long-term AI-memory outlook. Investors, however, are questioning whether AI spending will generate adequate returns, raising concerns about cyclicality and competition from China's CXMT, and an insider sale of 28,545 shares worth about $25.7 million added to near-term caution. The analyst consensus is 'Moderate Buy' with an average target price of $1,407.88.
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Original headline: Micron Technology ( NASDAQ : MU ) Stock Falls 6 . 3 % – What Next ?
Read the original on themarketsdaily.com ↗
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Micronsemiconductorsartificial intelligenceearnings
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NVDA
▼ Likely negativeNvidia
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.2T |
| Close on 10/22/2026 | 212.28 |
| Change that session | -4.36% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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