🔴 Micron Technology is trading 4.23% down today after Apple-China memory sourcing concerns

Micron Technology is trading down 4.23% now at $192.25 after reports renewed concerns that Apple may source DRAM and NAND chips from Chinese suppliers, including CXMT and YMTC.

• Memory stocks saw a sharp selloff on August 24, with Micron among the most affected names.
• The decline persists despite a broader memory-chip rebound on August 25, suggesting company-specific customer-risk concerns remain dominant.