Micron Technology is trading at ARS 339575.00, down 3.23%, amid weakness across memory-chip stocks and broader market pressure.
- Oil prices and Treasury yields are rising following renewed U.S.-Iran tensions.
- Sector commentary cites profit-taking after a strong rally, concerns about the pace of AI development, and caution ahead of Micron’s September 30 earnings report.
- A recent ITC patent investigation into Micron is a company-specific risk, but available reports tie it to September 24 rather than establishing it as the cause of the September 28 move.