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#MicronTechnology’s post-results selloff sends fresh reminder to global investors about risks inherent in bets on #AI chipmakers.
Micron’s sell-off highlights risk of sky-high AI expectations $MU $NVDA https://t.co/xuvaOSlQt1 via @business
Micron’s post-results selloff sent a fresh reminder to global investors about the risks inherent in bets on AI chipmakers https://t.co/KVRiVcOQA9
Micron reported better-than-expected Q3 results driven by AI-led memory chip demand, with guidance meeting expectations. However, the stock declined in late trading as its forecast failed to meet some investors' sky-high expectations, leading to a post-results selloff and highlighting risks in AI chipmakers investments.
