🔴 Micron Technology is trading 3.5% down today amid weaker memory-chip pricing expectations

Micron Technology is trading now at ARS 316200.00, 3.5% down after a broader memory-chip sell-off.

• Kioxia’s CEO said memory prices have risen sufficiently and warned another sharp increase could hurt AI investment, reducing expectations for continued rapid pricing gains across the sector.
• The decline also reflects profit-taking after Wednesday’s strong rally.
• Broader equity weakness following hotter inflation data adds pressure.