Micron Stock Slides 13.25% as Analysts Warn Memory Chip Prices May Peak Mid-2026

According to Barron's, Micron Technologies (MU-US) stock fell 13.25% to $864.01 on Friday, June 5, as investors grew concerned the memory chip pricing cycle may near its end. Raymond James analyst Kal Ackerman forecasts that DRAM and NAND average selling prices will peak by mid-2026, contradicting Wall Street consensus that supply-demand gaps will persist until mid-2027.
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