Micron Shares Face Investor Backlash Over Spending Plans

Micron Technology, one of 2025’s standout performers amid the artificial intelligence surge, is now confronting a sharp reversal in investor sentiment. The catalyst for this shift stems directly from the company’s announcement of substantial new capital investments, which has replaced previous enthusiasm with significant concern over escalating expenditures. Market participants are now grappling with a critical dilemma: is this a temporary consolidation within a sustained “super-cycle,” or does it signal the beginning of margin compression?

The recent sell-off was triggered by commentary from Chief Executive Officer Sanjay Mehrotra regarding a significant ramp-up in capital expenditures. Micron intends to aggressively increase spending to meet overwhelming demand for its high-bandwidth memory Read more...