- Micron (MU) says long-term AI supply deals could represent about half of future revenue. Analysts note a shift toward contract-backed sales that may stabilize revenue and improve visibility.
- Investor Michael Burry boosted short exposure to Micron Technology (MU) amid broader bearish bets on semiconductor names, increasing downside wager on the chipmaker for traders to note.
- Micron (MU) broke $820 support; next key support near $660. Traders watch for continued selling pressure and downward trend while market absorbs the $820 breakdown.
TradingView
Key facts: Micron (MU) AI ~50% rev; Burry adds shorts; $820->$660
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Micron (MU) says long-term AI supply deals could represent about half of future revenue. Analysts note a shift toward contract-backed sales that may stabilize revenue and improve v