From mid‑month, the price of Micron shares fell by about 30 %.

Short summary:

- On Monday, Micron Technology shares fell another 10%, and over the period since March 18 they have dropped almost 30%.

- The decline is due not only to corporate news but also to external factors (Trump’s threats to destroy oil infrastructure in Iran).

- Other technology companies were also hit: CoreWeave and Nebius – 8 %, Sandisk – 7 %, Western Digital – 9 %.

- Google announced a new data‑compression technology, TurboQuant, which will reduce demand for memory.

- Micron acknowledged limited memory production capacity (from 50 % to 66 %) and the need for large capital investments to expand facilities.

What happened
The fall of Micron shares
During the first trading session of the week, Micron Technology shares fell 10%, worsening an existing decline that began after the release of fiscal quarter results on March 18. Since then their price has dropped almost 30%.

Why specifically Monday
Friday showed a partial rebound from the previous six‑day drop, but Monday caused shares to plunge again. According to CNBC analysts, the cause was a combination of corporate news and geopolitical tension: Donald Trump’s threats to destroy key oil infrastructure in Iran negatively affected the stock market, including the technology sector.

How Google news affects it
Google announced the TurboQuant methodology – a data‑compression technology that will reduce memory needs when working with AI models. This increased pressure on memory manufacturers, among them Micron.

Situation of other companies
Company Price change
CoreWeave –8 %
Nebius –8 %
Sandisk –7 %
Western Digital –9 %

All operate in the memory and data‑storage segment, so their shares were also affected.

Micron’s prospects
- Production limits: management said the company can cover only from half to two‑thirds of demand for memory chips.

- Capital expenditures: expanding capacity requires a significant increase in investment.

- Long‑term growth: despite the decline, Micron’s share price has risen 270 % over the past year, but this year’s gain was only 2 %.

Conclusion
Micron Technology became the focus due to a mix of corporate challenges and external political factors. The price drop reflects not only current company problems but also a broader trend of declining memory demand linked to new data‑compression technologies. Investors are waiting for further steps from Micron to expand production and reduce capital costs.