Chip giant recently publicly whined!!!



Micron Technology (MU) executives publicly complained that during the last downturn, gross margins turned negative and they were exploited by customers who maliciously squeezed prices. These remarks not only caused MU to plunge 6.7% intraday, but also dragged down NVIDIA, AMD, and the semiconductor ETF (SOXX) across the board. The options panic index suddenly surged, and analysts began downgrading ratings one after another.

Sharp drops often create opportunities for aggressive short-term players to bet on rebounds. Currently, market sentiment is leaning toward panic. If Micron's after-hours decline narrows and drives a rebound in SOXX, or if sector trading volume increases and the VIX panic index retreats, that would be a signal to enter the market and pick up bargains.
$MU #美光市值超越Meta跻身全美前十
MU-1.38%
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SilverLiningOfPessimism
· 4h ago
Gross profit margin turns negative and being pressured to lower prices, this is indeed a true portrayal of the industry's winter, but panic selling often also presents opportunities.
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NotYourExitLP
· 4h ago
SOXX falling along with everything else shows emotional contagion; wait for VIX to retreat before considering the left side.
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