Earnings Beats Ignored: Micron Stock Tanks

The Story

Micron Technology rolled out a massive capital expenditure guide in its recent update, signaling big investments ahead that could benefit suppliers. Yet, the stock took a nosedive. Seeking Alpha highlighted three winners poised to gain from this spending spree, but countering that was a downgrade citing softness in DRAM orders. Then Google dropped TurboQuant, a tech tweak for more efficient AI systems that cuts the need for high-bandwidth memory, sparking a selloff in Micron,...