Micron Stock Tumbles on Weak Jobs Data and AI-Export Hurdles
Micron Technology's stock slid about 2.8% in Friday trading after a weaker-than-expected February jobs report raised macro concerns, with ongoing U.S.-Israel tensions and reports that export licenses for Nvidia/AMD AI processors could tighten adding to the pressure; investors worry Micron’s high-bandwidth memory chips used in these processors could face headwinds, while higher energy costs and inflation could delay Federal Reserve rate cuts.

