Micron Technology, Inc. (MU) Shares Fall as Massive Expenditure Plans Overshadow Solid AI-driven Earnings

Micron Technology, Inc. (NASDAQ:MU) is one of the Goldman Sachs AI Stocks: Top 12 Stocks to Buy. On March 19, 2026, Reuters reported that Micron Technology, Inc. (NASDAQ:MU)’s stock declined as investors reacted to increased capital spending plans despite solid AI-driven results. The corporation achieved record margins in the February quarter, driven by higher demand for advanced memory chips used in AI data centers and rising prices amid supply constraints. The company also outperformed Wall Street foreca ...