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Why Micron Stock Just Dropped

Are cheap Chinese chips coming to steal Micron's market share -- and profits?

Why Micron Stock Just Dropped

Published June 29, 2026 · Category: Finance

Overview

Micron (NASDAQ: MU) stock slipped 2% through 12:35 p.m. ET Monday as even more worries about the durability of demand for DRAM and NAND computer memory surfaced.

Perennial Micron bull Jordan Klein at Mizuho is doing his best to contain the damage with a note in support of Micron today... but it seems to be having limited effect.

Image source: Micron.

Details

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Originally published at www.fool.com.

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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.