Why Is Micron Stock Still Dropping?

Micron stock fell 13.5% this week following news that Chinese DRAM competitor CXMT has developed advanced memory technology. However, analysts suggest the threat may be overstated, as CXMT's technology is 2-3 generations behind Micron and targets the low-end market, while Micron can focus on higher-margin HBM DRAM for AI data centers where it maintains competitive advantages.