1 hour ago
Micron (MU) Shares Face Double Threat After Broadcom Warning
TLDR Micron shares declined roughly 4%, trading near $949 amid renewed pressure across semiconductor stocks. China’s CXMT plans to introduce advanced DDR5 server memory products before the end of 2026. Broadcom CEO Hock Tan warned that speculative AI investments carry risks as financing costs rise. Micron’s Taiwan union authorized possible strike action as workers demanded [...]
The post Micron (MU) Shares Face Double Threat After Broadcom Warning appeared first on Blockonomi.
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