Why Is Micron Stock Falling on Thursday?
Micron Technology stock declined on Thursday amid profit-taking, Nvidia's margin disclosures, and potential U.S. chip tariffs.
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Western Digital stock is surging on Wednesday amid strong demand for hard drives and tighter global supply expectations.
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Micron Technology stock declined on Thursday amid profit-taking, Nvidia's margin disclosures, and potential U.S. chip tariffs.
Read original at benzingaIf Nvidia were to reach that level from its current price of around $226, its market capitalization would climb to about $12.5 trillion.
Read original at benzingaNvidia AI buildout is expensive. Memory prices will drive gross margins to 71%–72% in Q4, the first major margin decline of the AI cycle.
Read original at benzingaMicron and SK Hynix shares jumped after NVIDIA earnings signaled surging demand and tight supply for AI-driven memory.
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Read original at benzinga