MU is trading at $364.46 (-3.52%) today, tracking a broader market decline as geopolitical tensions and rising oil prices pressure the tech-heavy NASDAQ.
- The stock is extending a pullback from post-earnings highs reached after its fiscal Q2 2026 report on March 18.
- Shares have declined over 20% from recent peaks amid investor concerns that software optimizations, such as KV cache, could impact long-term AI memory demand.
- Today's move lacks company-specific catalysts and aligns with a 1.37% drop in the broader NASDAQ index.