🔴 Micron is trading 11% down today on hot CPI data and semiconductor sector weakness

MU is trading at $708.90 (-10.87%) as hotter-than-expected 3.8% CPI inflation and escalating U.S.-Iran tensions trigger a sharp broad-market decline.

• The semiconductor sector is facing significant pressure following a 6% post-earnings drop from Qualcomm, contributing to a 1.90% slide in the NASDAQ.
• Positive company developments, including 256GB DDR5 sampling and analyst upgrades, are being overlooked as oil prices surge above $107 per barrel.