Micron stock sinks 10%, further cratering in post-earnings sell-off

Skip Navigation Markets Business Investing Tech Politics Video Watchlist Investing Club PRO Livestream Menu Key Points Micron shares fell 10% Monday, continuing a slide that began after the company reported earnings on March 18. The memory company's stock has cratered 30% since that blowout report. CEO Sanjay Mehrotra said on the earnings call that the company has been unable to meet the soaring demand for its chips. In this article MU Follow your favorite stocks CREATE FREE ACCOUNT The Micron Technology offices in San Jose, California, Dec. 16, 2025. David Paul Morris | Bloomberg | Micron shares plummeted 10% on Monday, continuing the memory maker's significant post-earnings sell-off . The company snapped a six-day slide on Friday with a modest gain, but with Monday's loss, the stock is down 30% since its blowout earnings report on March 18. Other tech names also saw big losses Monday as oil climbed with the Iran war entering a fifth week and President Donald Trump threatening to destroy the country's oil facilities. Neocloud companies CoreWeave and Nebius were each down about 8%, while memory makers SanDisk and Western Digital sank 7% and 9%, respectively. Micron's strong earnings report for the second quarter was fueled by insatiable demand for artificial intelligence chips. Micron, SK Hynix and Samsung are the major memory suppliers for high-performance AI chips from companies like Nvidia . The surge in AI demand has led to a shortage. …