
Micron Shares Decline 6.62% Following Unfulfilled Nvidia Chip Sales to China
Micron shares experienced a 6.62% drop on May 15, closing at $724.99. According to NS3.AI, this decline followed reports that Nvidia's H200 chip sales to Chinese companies did not materialize after the Trump-Xi summit. Prior to this reversal, Micron had seen a significant increase of approximately 116% over roughly six weeks. Despite the recent downturn, analysts continue to project a 192% revenue growth for the company this year.

