MU.TO is trading at CA$30.54, down -11.63%, as fears of tighter AI and data-center oversight raise concerns about slower infrastructure expansion.
- Micron also declined after pausing plans for a Taiwanese plant amid labor disputes.
- Qualcomm’s weak smartphone-chip sales outlook and broader semiconductor losses added pressure to the sector.
- The wider market selloff compounded the decline, but sector-specific headwinds appear central.