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1 Super Semiconductor Stock Down 42% You'll Wish You'd Bought on the Dip

Anthony Di Pizio, The Motley Fool
·4-min read
1 Super Semiconductor Stock Down 42% You'll Wish You'd Bought on the Dip

Micron Technology (NASDAQ: MU) is a world-leading producer of memory (DRAM) and storage (NAND) semiconductors for a variety of applications. Its chips power some of the world's favorite electronics, including 5G-enabled smartphones and data centers that host cloud-based online experiences. Micron's stock price is down 42% from its all-time high as weakness in the broader economy is pointing to a sharp contraction in the company's financials in fiscal 2023.

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