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Chip stocks that notched record rallies in second quarter start Q3 with a dud
Memory maker Micron, which jumped over 240% in the second quarter, dropped 11% on Wednesday, wiping out nearly $200 billion of market capitalization.
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cnbc.com
Micron's monster post-earnings rally is almost gone. Traders divided on where it goes next
The maker of memory chips slid to start the week, marking an about-face from its post-earnings surge.
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Record chip rally adds $2 trillion in combined value to Micron, Intel and AMD in second quarter
Wall Street poured into chipmakers not named Nvidia in the second quarter, as the artificial intelligence boom expanded to include more suppliers.
