On September 10, Micron Technology fell 3.43% in regular trading, trading at $988.18/share with turnover of $3.312 billion, slipping back below the $1,000 level after closing at $1,027.77 in the prior session.

The pullback comes amid a broad risk-off move as international oil prices surged past $100 per barrel — Brent crude settled at $101.21 — stoking inflation concerns and pushing the US 10-year Treasury yield above 4.85%, the highest since late 2023. The three major US indices have now declined for three consecutive trading days, with the Dow falling 0.77%, the S&P 500 down 0.48%, and the Nasdaq losing 0.64%.

The semiconductor sector bore significant selling pressure. Within the sector, Intel fell 4.62%, SK hynix dropped 4.29%, AMD declined 2.50%, NVIDIA slid 2.08%, and Broadcom lost 1.49%. Micron had rallied sharply in recent sessions on HBM capacity expansion plans and memory price hike expectations, and the current retreat reflects broader macro headwinds and sector-wide profit-taking rather than company-specific developments. The market now looks ahead to Micron's fiscal Q4 earnings on September 30, with consensus EPS expected at $31.17.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)