🔴 Micron Technology is trading 7.44% down today on concerns slower AI development could cut demand

Micron Technology is trading 7.44% down at $189.75 after renewed concerns that slower AI-model development could reduce future data-center and memory-chip demand.

• SK Hynix fell more than 6% and Samsung more than 4% in a broad memory-sector selloff; global AI-related shares also weakened.
• Anthropic CEO Dario Amodei called for slower AI capability development, while OpenAI CEO Sam Altman supported a more measured pace.