MU.BA is trading 6.1% down at $340,325 as investors reassess recent AI exuberance following a sharp multi-day rally driven by record earnings and contract wins.
- The decline follows a 6% premarket drop in Micron’s U.S. listing (MU) after the announcement of a strategic customer support deal with GM.
- Market sentiment is cooling as investors take profits amid a slightly weaker broader technology tape.