Wall Street Just Erased $57 Billion From Micron. The Shortage Behind Its Boom Is Getting Worse.

Micron issued the highest revenue guidance in its history as the memory-chip shortage intensifies, signaling exceptionally strong demand conditions. Despite the outlook, Wall Street erased tens of billions of dollars in Micron market capitalization, indicating investor concern that expectations, supply constraints, or valuation risks outweigh the near-term guidance strength.