Micron (MU) Stock Retreats While AI Memory Demand Rises

TLDR Micron stock fell 5.9% to $823.03 after gaining 18% during the previous session. Renewed interest rate concerns and profit-taking drove the latest share price decline. Amazon raised its 2026 capital spending forecast to $220 billion, supporting memory chip demand. Apple expects higher memory costs during the September quarter as supply remains tight. Micron has [...]

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