MU Stock Slides As CXMT DRAM Breakthrough Rattles Chip Traders
- Posted on October 15, 2026
- By Google News
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- 1 min read
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MU Stock Slides As CXMT DRAM Breakthrough Rattles Chip Traders
Micron Technology Inc. stocks have been trading down by -4.68 percent amid intensified AI chip competition and demand uncertainty. Key Takeaways Shares dropped about 5% after China’s CXMT claimed a DRAM breakthrough and a 4F2 data center chip targeted for launch by year-end, raising fresh competitive worries. The stock and peer SK Hynix sank 4.8%…