Micron Technology Stock Slips on Nvidia-Samsung Supply Deal
Schaeffers Investment Research·2026-01-26 16:22

Micron Technology (NASDAQ:MU) shares are down 2.3% to trade at $390.36 at last glance, following news that Samsung is preparing to supply Nvidia (NVDA) with next-generation HBM4memory chips as early as next month. MU is retreating from Friday's record high of $412.43, and could snap a six-day win streak. Despite today's tumble, MU is up a whopping 534.3% from its April 7 low of $61.54 and is trading far above its 60-day moving average, which captured late-November and early December pullbacks. Short-term op ...