Micron Technology is trading at $181.50 (+3.12%) as the stock navigates a broader selloff and sector-wide reset across the memory-chip industry.
- Memory chip stocks are down 5.43% today amid profit-taking and renewed fears regarding competition from China.
- The stock is being impacted by increased volatility following a Goldman Sachs warning on HBM pricing pressure and recent AI-memory fluctuations.
- Broader technology shares remain weak as investors recalibrate positions following recent sector gains.