Micron Technology is trading 6.96% down now at ARS 286300.00 after reports that Apple can purchase DRAM and NAND chips from Chinese suppliers CXMT and YMTC for products sold in China.
- Investors appear concerned about Micron’s China market share and potential future competition.
- Analysts noted Chinese suppliers may not yet match Micron’s quality or production scale.
- Broader memory-chip weakness is adding pressure.