Micron Drops 8% on China Competition Fears, Dragging Intel, AMD, and Marvell
Micron Technology (NASDAQ:MU) shares plunged 8% to $903.50 on Wednesday, July 15, 2026, driven by fears of intensifying competition from Chinese memory chip makers. The selloff dragged down peers Intel (INTC), AMD, and Marvell Technology (MRVL), which fell 6% and 7% respectively, as well as...