Micron selloff deepens as memory stocks slide

BREAKING: $MU has extended losses to about 10% on the day as the selloff in memory stocks gains momentum.
Micron has reportedly erased about $110B in market cap today.
That is a brutal move for one of the key names in the AI memory trade.
The market is now questioning how much of the memory boom was already priced into the stock.
For $MU, the issue is not just one bad trading day.
It is whether the entire memory-stock rally is starting to unwind.