Oct 13, 2026
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.
Source: Blockonomi →Related News
- 9 hours ago
PG&E Corporation (PCG) Stock: Slips 1.40% as Foundation Awards $327,500 in STEM...
- 9 hours ago
Datavault AI Inc. (DVLT) Stock: Unveils New CEO, CFO and Board Chair Ahead of Q3...
- 10 hours ago
BlackBerry (BB) Stock: Jumps to $8.77 as QNX and Valeo Expand AI-Powered Vehicle...
- 10 hours ago
SoundHound AI, Inc. (SOUN) Stock: Slip 3.01% Despite Record Q3 Revenue of $62.4...
- 11 hours ago
IREN Limited (IREN) Stock: Drops to $18.03 Despite Signing Major Five-Year AI Cl...
