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Micron (MU) Crashes 28% as DRAM Boom Meets China IPO Threat

24/7 Wall St. Read original source (opens in a new tab)
The Story

News Summary

  • Micron (MU) plunged ~28% despite record DRAM ASPs and a 5-year pricing lock, as CXMT's IPO and CoreWeave's price hedging spark sector-wide semiconductor profit-taking after SOXX's 82% H1 rally.
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