🔴 Micron Technology is trading 4.2% down today as memory stocks slump on weak demand outlook

Micron Technology is trading at $855.61 (4.2% down) in pre-market, giving back part of its recent AI-fueled rally as memory chip stocks face a broader sell-off.

• SanDisk’s CEO flagged a sharp mid-teens percentage decline in 2026 PC and smartphone shipments.
• The outlook is weighing on NAND and DRAM demand sentiment, leading to a 5.8% pre-market decline across the memory sector.