Microns

Stock Market Tumbles as Micron’s Sales Forecast Disappoints Investors

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New York, NY – US stocks showed uncertainty on Thursday, influenced by chipmaker Micron’s sales forecast that met expectations but failed to impress investors looking for better performance from AI-related companies. The S&P 500 remained relatively flat, the Dow Jones Industrial Average hovered near the flatline, and the Nasdaq Composite saw a slight increase of 0.1%. Investors are closely monitoring economic data, particularly in anticipation of the PCE inflation print on Friday, which will impact …

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Micron’s AI Chip Bubble Bursts: Investors Shaken by Post-Results Selloff

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Singapore – The recent selloff of Micron Technology Inc. serves as a stark reminder to investors worldwide about the risks associated with investing in artificial intelligence chipmakers. Just days after Nvidia Corp., a leading AI chipmaker, saw a significant drop in market value, Micron also experienced an 8% decline in its shares following a forecast that fell short of expectations. Micron, one of the companies benefiting from the AI stock frenzy, has seen substantial gains …

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