Is this round's drop in $MU worth it? Is it a good time to get in?

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$MU

the stock price has continued to weaken. For leading stocks during an uptrend, a pullback after significant gains is only natural. The stock price decline itself is not the issue; what we should focus on is whether the decline is justified, and whether a healthy consolidation is forming to set the stage for the next rally. That's what we should really be paying attention to.

Recent news related to Micron: 1. Samsung Electronics released its Q2 earnings report, with operating profit increasing approximately 18-19 times year-over-year, and revenue growing significantly. Samsung's stock price plunged 6-8% during Seoul trading, dragging down related sector stocks. 2. SK Hynix is advancing its Nasdaq ADR listing plan, with trading expected to begin around July 10. 3. Chinese memory chip manufacturer CXMT has obtained MSI DDR5 BIOS support, potentially becoming a long-term alternative option, but the short-term impact on $Micron Tech(MU.US) is limited.

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