Micron (MU) Stock: $798 Friday After the Nvidia CEO Exit,…
By Tobi Opeyemi Amure
AI summary of the source article
Micron shares fell 1.59 percent to close at $798.44 following Nvidia's announcement that Chief Executive Jensen Huang had resigned. The stock recovered from an intraday decline of nearly 5 percent, holding most of Wednesday's 11.89 percent gain.
Why it matters
The recovery matters because Wednesday's rally had no Micron-specific news behind it.
Key facts
- Micron closed down 1.59 percent at $798.44 after falling nearly 5 percent intraday.
- Nvidia announced on 12 November that CEO Jensen Huang resigned, naming Colette Kress as interim CEO.
- Micron manufactures the high-bandwidth memory paired with Nvidia's AI processors.
Source excerpt · FinanceFeeds
Updated 13 November 2026, 07:00 GMT, before the US open. Micron (MU) closed Thursday at $798.44 , down $12.86 or 1.59 percent, after Nvidia announced that Jensen Huang had resigned as chief executive (StockAnalysis, MarketBeat). The stock had been down almost 5 percent in the morning. Verdict: Micron gave back only a small part of Wednesday's 11.9 percent jump, its best day since July. Reference l…