Micron Technology stock fell sharply on February 4, 2026. The decline occurred amid a wider tech industry sell-off. The semiconductor sector was particularly hard hit.
Factors included concerns over chip export regulations. Broader market weakness was fueled by disappointing jobs data and inflationary reports.
Micron and two top executives prevailed in a shareholder lawsuit. The suit alleged the company knowingly overstated demand prospects. The suit also alleged the CEO planned significant stock sales.