Micron Technology's stock plummeted 5.01% in the pre-market trading session on Monday, as the broader chip sector faced selling pressure due to a combination of analyst downgrades and rising bond yields.
The semiconductor industry was rattled after HSBC analyst Frank Lee lowered the price target for Nvidia shares, citing expectations of a slower ramp-up of the company's AI server business in the first half of fiscal 2026. Despite maintaining a "Buy" rating, Lee's move sparked concerns about potential challenges facing the chip industry in the near term.
Adding to the downward pressure, robust payroll numbers released last week fueled bets that the Federal Reserve will maintain a hawkish stance for most of 2025, leading to a surge in bond yields. This broader market sell-off spilled over into the technology sector, with chip stocks like Micron, Nvidia, AMD, and Qualcomm all declining in pre-market trading.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。