Micron Technology (MU) Falls Hard on Crucial Business Exit

2 weeks ago 9

Angelica Ballesteros

Fri, December 5, 2025 astatine 10:55 AM CST 2 min read

We precocious published 10 Stocks Losing Their Fire. Micron Technology Inc. (NASDAQ:MU) is 1 of the worst performers connected Thursday.

Micron Technology dropped for a 3rd consecutive league connected Thursday, shedding 3.21 percent to adjacent astatine $226.65 apiece, arsenic investors digested plans to officially driblet its user representation brand, Crucial, aft 29 years successful business.

In a connection during the day, Micron Technology Inc. (NASDAQ:MU) said that the divestment was successful enactment with plans to displacement its absorption to the faster-growing endeavor and commercialized segments amid the rapidly expanding artificial quality industry.

Micron Technology (MU) Falls Hard connected Crucial Business Exit

In enactment with the decision, shipments for each Crucial-branded user products would lone beryllium disposable until the extremity of February 2026. However, Micron Technology Inc. (NASDAQ:MU) assured its customers that it would proceed providing warranty services and enactment to the brand’s customers.

“The AI-driven maturation successful the information halfway has led to a surge successful request for representation and storage. Micron has made the hard determination to exit the Crucial user concern successful bid to amended proviso and enactment for our larger, strategical customers successful faster-growing segments,” said Micron Technology Inc. (NASDAQ:MU) Chief Business Officer Sumit Sadana.

In different developments, the banal earned a higher terms people of $270 from Mizuho Securities, versus $265 previously, portion maintaining an “outperform” rating.

While we admit the imaginable of MU arsenic an investment, our condemnation lies successful the content that immoderate AI stocks clasp greater committedness for delivering higher returns and person constricted downside risk. If you are looking for an highly inexpensive AI banal that is besides a large beneficiary of Trump tariffs and onshoring, spot our escaped study connected the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double successful 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This nonfiction is primitively published at Insider Monkey.