--- title: "Micron Stock Slides Again Thursday: What's Going On?" type: "News" locale: "en" url: "https://longbridge.com/en/news/301958091.md" description: "Micron Technology stock fell nearly 4% due to Chinese competition, AI sector weakness, and inflation concerns. Despite the drop, Bernstein analyst Mark Newman views the pullback as an entry point, citing strong structural demand from AI for memory and storage. He noted that while memory price increases have slowed compared to hard drives, supply remains tight. Meanwhile, DCVC's Sarat Sethi warned against overconcentration in mega-cap tech stocks, emphasizing diversification." datetime: "2026-10-15T09:47:15.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/301958091.md) - [en](https://longbridge.com/en/news/301958091.md) - [zh-HK](https://longbridge.com/zh-HK/news/301958091.md) generator: "portal-rs" --- # Micron Stock Slides Again Thursday: What's Going On? **Micron Technology Inc.** (NASDAQ:MU) remains exposed to shifting sentiment across the memory sector as investors weigh recent stock weakness against strong AI-driven demand for memory and storage. The stock is trading lower by almost 4% on Thursday, extending a multi-session slide driven by intensifying Chinese competition in high-margin server memory and broader profit-taking amid cooling AI sector sentiment. Broader market pressure added to the selloff. U.S. stock futures were mixed Thursday, while escalating Middle East tensions and a sharp decline in Asian chip stocks weighed on investor sentiment. Meanwhile, hotter-than-expected U.S. inflation fueled concerns about further Federal Reserve rate hikes, raising questions about financing AI infrastructure investments. Rival memory and storage players **SK hynix Inc.**, **Western Digital Corp.**, **Seagate Technology Holdings Plc.**, **Sandisk Corp.** also joined the Thursday selloff. ## Newman Sees Memory Pullback As an Entry Point **Bernstein** analyst **Mark Newman** said recent weakness across memory stocks has created a more attractive setup for investors. “There’s still a lot of opportunity there,” Newman told CNBC on Wednesday, adding that memory and semiconductor stocks “look quite attractive” after their recent selloff. Newman said memory stocks have pulled back partly because investors are no longer seeing an acceleration in memory price increases. That contrasts with hard disk drives, where he expects pricing gains to continue accelerating over the next five quarters. ## AI Keeps Memory and Storage Demand Strong Newman said artificial intelligence remains a major structural demand driver for the memory and storage industry. “Look, in AI, the core of AI is data,” Newman said. He said AI workloads require data to move through the full storage hierarchy, including DRAM, NAND, hard disk drives and even tape. Newman described demand across those categories as “extremely strong,” saying DRAM, NAND and hard drives are effectively sold out in some areas. The tight supply environment has even pushed some customers toward tape storage because they cannot secure enough NAND or hard-drive capacity. That backdrop supports memory suppliers such as Micron, which participates in both DRAM and NAND markets. **See More: Top Value Stocks** ## Pricing Momentum Varies Across the Industry Newman drew an important distinction between memory chips and hard drives. Memory companies are still benefiting from strong demand, but pricing increases are no longer accelerating at the same pace. By contrast, hard-drive vendors already have orders and pricing visibility extending roughly five quarters, which Newman expects to support earnings growth. He also identified Seagate as his preferred hard-drive name and said Western Digital faces technology risks as it works to catch up in next-generation hard drives. ## Sethi Warns Against Overconcentration **DCVC** Managing Partner Sarat Sethi took a broader view of semiconductor and technology investing. He told CNBC that investors can own leading names such as **NVIDIA Corp.**, **Broadcom Inc.** and **Apple Inc.**, but warned against becoming overly concentrated in momentum or mega-cap technology stocks. Sethi said successful investing still requires stock selection, diversification and knowing when to sell. His comments point to a broader challenge for investors considering Micron and other semiconductor stocks: strong AI-related fundamentals can support long-term demand, but heavy concentration in a single theme can increase portfolio risk when valuations or momentum reverse. **MU Price Action:** Micron Technology shares were down 3.92% at $878.28 during premarket trading on Thursday, according to Benzinga Pro data. *Image via Shutterstock* **Read Also: Forget NVIDIA: Jim Cramer Says US Chip Stocks Are 'Joined at the Hip' With SK hynix** ### Related Stocks - [MU.US](https://longbridge.com/en/quote/MU.US.md) - [MUD.US](https://longbridge.com/en/quote/MUD.US.md) - [MULL.US](https://longbridge.com/en/quote/MULL.US.md) - [MUU.US](https://longbridge.com/en/quote/MUU.US.md) - [MUZ.US](https://longbridge.com/en/quote/MUZ.US.md) - [SKHY.US](https://longbridge.com/en/quote/SKHY.US.md) - [SNDK.US](https://longbridge.com/en/quote/SNDK.US.md) - [STX.US](https://longbridge.com/en/quote/STX.US.md) - [WDC.US](https://longbridge.com/en/quote/WDC.US.md) ## Related News & Research - [Here's what a $2,500 investment in Micron could be worth by 2030](https://longbridge.com/en/news/301748757.md) - [Micron just said something that could change how investors see the stock](https://longbridge.com/en/news/301617475.md) - [MU Stock Price Target: Just How Much Room Do Micron Shares Have to Run?](https://longbridge.com/en/news/301599156.md) - ['Get Ready for What's Next,' Says Top Investor About Micron Stock](https://longbridge.com/en/news/301632208.md) - [Micron vs. SpaceX: Wall Street Says Only One Stock Is a Strong Buy](https://longbridge.com/en/news/302001194.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**