Micron shares fell 6% after SK Hynix posted a profit forecast 8% below consensus, triggering a record 15% plunge in SK Hynix and broad semiconductor

Micron shares fell 6% after SK Hynix posted a profit forecast 8% below consensus, triggering a record 15% plunge in SK Hynix and broad semiconductor

Chip stocks declined as AI spending concerns, SK Hynix's sharp fall and profit booking hit Nvidia, AMD, Micron and other semiconductor shares.