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