MU, AMD, Intel and SNDK stocks fell as investors turned cautious on chip and memory stocks. Morgan Stanley explains the market shift and risks. | Business News

Micron Technology stock plunged on Tuesday as semiconductor stocks broadly continued to sell off. The SOX index is in a bear market.

AMD stock tumbled premarket amid broader AI memory trade anxiety. Here’s what’s driving the pullback, key technical levels, and what analysts expect for earnings.