Why Micron Stock Is Plummeting Today
Source: Motley Fool
2026-03-03 13:23:47 ET
Micron (NASDAQ: MU) stock is seeing a valuation pullback in Tuesday's trading. The memory-chip specialist's share price was down 7.1% as of 1 p.m. ET amid a 1.3% level slide for the S&P 500 and a 1.4% decline for the Nasdaq Composite .
Micron announced today that it had started shipping customer sampled for its latest LPDRAM module for artificial intelligence ( AI ) data centers. The stock also received a price-target increase from a high-profile investment firm. Despite the positive news, the U.S. and Israel's war with Iran is dragging the company's share price lower.
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