Micron Stock Gets Hammered Over China Fears — Jim Cramer Calls the Selloff 'Nonsense'

Impact · against what's priced in

The news is largely a wash for the memory sector as current valuations already assume significant cyclical risks and competitive pressures. While Micron's long-term contract visibility provides a floor, it does not offset the systemic fear of Chinese competition that has already driven the recent sector-wide selloff.

STX−0.10: Already priced in
The price assumes: The price assumes the current capacity allocation fades, whereas bull targets up to $1,600 (86%) assume it extends.

Micron Stock Gets Hammered Over China Fears — Jim Cramer Calls the Selloff 'Nonsense'

What matters in this story

No Single Customer Accounts for 10% of Micron's Sales Anymore, and That Lowers One Risk in the Stock

Micron Stock Gets Hammered Over China Fears — Jim Cramer Calls the Selloff 'Nonsense'

What matters in this story

No Single Customer Accounts for 10% of Micron's Sales Anymore, and That Lowers One Risk in the Stock

How each ticker is affected

Connected tickers

Track these names every morning.

ASML CFO says US Match Act limiting DUV sales to China would be counterproductive

Micron's Customer Contracts Just Took the Memory Cycle Off the Table

Nvidia pledges $250 million to boost UK AI safety research

Chart Of The Day: Chips Get Crunched On Chinese Competition

Micron Stock Gets Hammered Over China Fears — Jim Cramer Calls the Selloff 'Nonsense'

What matters in this story

Next reads from the same story arc

No Single Customer Accounts for 10% of Micron's Sales Anymore, and That Lowers One Risk in the Stock

Micron Stock Gets Hammered Over China Fears — Jim Cramer Calls the Selloff 'Nonsense'

What matters in this story

Next reads from the same story arc

No Single Customer Accounts for 10% of Micron's Sales Anymore, and That Lowers One Risk in the Stock

How each ticker is affected

Connected tickers

Track these names every morning.

ASML CFO says US Match Act limiting DUV sales to China would be counterproductive

Micron's Customer Contracts Just Took the Memory Cycle Off the Table

Nvidia pledges $250 million to boost UK AI safety research

Chart Of The Day: Chips Get Crunched On Chinese Competition