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2026-05-13 03:25:08

Reposting to keep my feed informed

Usmanali1407932026-05-13 03:05:21

Micron Technology Plunges From Highs as Investors Lock In Massive Gains

Micron Technology fell over 10% after a massive 147% rally in 29 sessions that pushed it to record highs. The decline was driven by profit-taking, valuation concerns, and inflation-related pressure on tech stocks. Despite the pullback, long-term optimism remains due to strong AI-driven semiconductor demand, though short-term volatility and correction risks persist.

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