Micron shares down 40% from peak with outlook for limited memory market supply
MU Micron Technology Inc
$798.44 -1.59%
View chart & analysis → - 1Micron Technology shares have fallen 40% from the 52-week high recorded on June 25.
- 2Micron recorded an adjusted earnings per share (EPS) of $75.52, a 9-fold increase in fiscal year 2026.
- 3SK hynix mentioned that the memory market will remain in a state of limited supply until 2030.
So what's the key point?
Micron shares have dropped 40% from their highest point. However, there are forecasts that supply in the memory market will be scarce.
Source The Motley Fool +1 · View original ↗
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