Micron Technology Inc is trading at $942.24 (down 5.4%) as investors continue rotating out of high-valuation AI semiconductor names after recent sector weakness.
- The move follows a 7.7% drop on June 4, 2026, amid broader pressure tied to disappointing AI chip sentiment.
- Guidance from peers like Broadcom has weighed on the entire semiconductor complex, contributing to the extended sell-off in the sector.