Micron Shares Plunge 25% Over Two Weeks as Chip Rally Falters
MU•Micron shares have fallen 25% over the past two weeks, marking the steepest drop in the chip sector as recent gains unwind. The pullback reflects cooling market momentum after a memory chip–driven rally earlier this year.
1. Two-Week 25% Decline
Micron shares have slid roughly 25% over the past two weeks, making them one of the semiconductor sector’s worst performers during the period. This decline erased a significant portion of gains that followed a rally fueled by expectations of increased memory chip demand.
2. Cooling Chip Rally
The broader semiconductor rally has lost steam as investors reassess near-term memory spending and cyclical outlooks. Pullbacks in Micron and its peers highlight growing caution about sustained growth in end markets.
