A Micron Union in Taiwan Voted 99% to Authorize a Strike. Should You Sell the Stock?

Micron Technology's Taoyuan union in Taiwan voted 99% to authorize a strike over profit-sharing disputes, with the union demanding 15% of operating profits for workers. While a strike at the smaller Taoyuan facility poses limited immediate risk, a potential strike at the larger Taichung site could disrupt deliveries, as Micron has already sold over 75% of its 2027 capacity. The analyst believes a negotiated deal remains more likely than a prolonged strike.