Business

Chip Stocks Experience Volatility

Updated 2026-07-01 20:25 UTC 1 source Negative

Memory maker Micron, which saw a significant market capitalization gain in the second quarter, experienced a sharp decline at the start of the third quarter. The stock dropped 11%, wiping out nearly $200 billion.

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CNBC
Memory maker Micron, which jumped over 240% in the second quarter, dropped 11% on Wednesday, wiping out nearly $200 billion of market capitalization.
2026-07-01 20:12 UTC
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