USSTOCK.TODAY
Market Closed
Log in Sign up

Micron Technology shares plunge amid intensifying chip sector sell-off

Yahoo Finance +3 · ·by G4L

MU Micron Technology Inc
$733.33 +6.28%
View chart & analysis →
NVDA -4.32% SKHY +5.53%
  1. 1Micron Technology shares fell 17% on Thursday.
  2. 2SK hynix, SanDisk, Seagate, and Western Digital all saw double-digit declines on Thursday.
  3. 3Concerns over a slowdown in data center construction grew as Democrats took control of both the House and the Senate.

So what's the key point?

Stock prices for semiconductor-related companies dropped significantly. Investors are selling shares due to concerns that the construction of data centers might slow down.

Source Yahoo Finance +3 · View original ↗

Related 3-line summaries

Massive trades of over $100 million occur in NVIDIA options market CNBC · 42m agoWall Street views AI sell-off as excessive, issues buy recommendations Reuters · 2h agoNvidia Shares Plunge: CEO Jensen Huang Under Investigation Over Spy Allegations The Motley Fool +1 · 2h ago
Today's 5 AI picks, all free
Nothing hidden: past picks and how they did against the S&P 500.
See today's picks →
← Back to news