Micron stock crashes 22%: is this AI chip selloff a rare buying chance?

Micron (MU) shares have fallen about 22% from a recent all-time high of roughly $1,255 to around $985, despite having just posted record quarterly results and upbeat guidance. The selloff appears jarring given the positive fundamentals, suggesting sentiment has cooled even as the company’s near-term outlook remains constructive.

Analysis

Micron (MU) shares have fallen about 22% from a recent all-time high of roughly $1,255 to around $985, despite having just posted record quarterly results and upbeat guidance. The selloff appears jarring given the positive fundamentals, suggesting sentiment has cooled even as the company’s near-term outlook remains constructive.