Micron Technology is trading at $880.12, down 3.67%, amid a broader memory-stock selloff.
- Memory-stock peers also declined as rising oil prices, inflation and interest-rate concerns weighed on high-beta technology shares.
- A Taoyuan union strike began on October 22 amid a dispute over employee profit-sharing, adding company-specific uncertainty; available reports do not establish it as the cause of the share decline.
- The wider market was also lower, supporting a risk-off explanation.