The Micron Know-how workplaces in San Jose, California, Dec. 16, 2025.
David Paul Morris | Bloomberg | Getty Pictures
Micron shares plummeted 10% on Monday, persevering with the reminiscence maker’s important post-earnings sell-off.
The corporate snapped a six-day slide on Friday with a modest acquire, however with Monday’s loss, the inventory is down 30% since its blowout earnings report on March 18.
Different tech names additionally noticed large losses Monday as oil climbed with the Iran conflict coming into a fifth week and President Donald Trump threatening to destroy the nation’s oil services. Neocloud corporations CoreWeave and Nebius had been every down about 8%, whereas reminiscence makers SanDisk and Western Digital sank 7% and 9%, respectively.
Micron’s robust earnings report for the second quarter was fueled by insatiable demand for synthetic intelligence chips.
Micron, SK Hynix and Samsung are the main reminiscence suppliers for high-performance AI chips from corporations like Nvidia. The surge in AI demand has led to a scarcity.
After reporting earnings, CEO Sanjay Mehrotra instructed CNBC’s “Squawk on the Avenue” that key Micron prospects solely get “half to two-thirds of their necessities” because of the provide crunch.
Micron shares are up 270% from one yr in the past, however most of these positive factors have retreated in 2026. The inventory is barely up about 2% yr thus far after the latest slide.
Micron inventory since reporting Q2 earnings on March 18.
