Micron (MU) Stock: $778 Saturday Ahead of Nvidia’s 17…
By Tobi Opeyemi Amure
AI summary of the source article
Micron closed Friday down 2.52 percent at $778.31 amid an AI hardware sell-off following the resignation of Nvidia's chief executive. The drop was also pressured by US producer price data ahead of Nvidia's upcoming earnings report.
Why it matters
Micron makes the high-bandwidth memory that sits next to Nvidia's AI processors, so its fortunes are tied closely to Nvidia's orders.
Key facts
- Micron shares fell 2.52 percent to close at $778.31 on Friday following the resignation of Nvidia CEO Jensen Huang.
- Nvidia named finance chief Colette Kress interim CEO, with third-quarter earnings scheduled for 17 November.
- Micron is among the companies buying shares at the IPO price for Anthropic's planned offering on 18-19 November.
Source excerpt · FinanceFeeds
Updated 14 November 2026, 07:00 GMT. Micron (MU) closed Friday at $778.31 , down $20.13 or 2.52 percent, its second fall since Nvidia's CEO resigned (StockAnalysis, Finviz). Verdict: Micron is holding up better than Sandisk and SK Hynix and still trades well above the 10 November close. Nvidia's results on Tuesday will show whether AI memory demand is intact under Nvidia's new leadership. Referenc…