Reported 9 months ago
Micron Technology Inc.’s post-results selloff reminds global investors of the risks in AI chipmakers. This came after Nvidia Corp. faced a significant decline, with Micron's shares falling about 8% due to a forecast that did not meet the highest estimates. The extreme volatility in AI-related stocks was evident as the news affected Samsung Electronics and SK Hynix. Micron's performance reflects the inflated expectations in the AI sector, signaling a reality check in the industry.
Source: YAHOO