Is this just healthy profit-taking after the massive rally or is the market panic-selling just because Cramer told everyone it’s "not too late to buy" $MU?
I knew there would be a major correction these days, of course no stock can rise to the sky without falling to some extent. Right now I'm more interested in what will happen next because in China, along with Trump, Micron Technology CEO Sanjay Mehrotra was by his side. I'm interested in how this will further affect the growth and development of the company. Does anyone know what the topic of conversation was and what the reason for his arrival was? I know that Beijing restricted the use of certain Micron chips in 2023, which negatively affected the company's business in China. It's possible that he came to try to agree to reduce tensions on imports to reduce or remove restrictions for the benefit of greater trade between the two countries. Now, I really don't know if that's the only reason. He certainly didn't just come to see the Great Wall of China hahaha.