Micron falls 4% after Kioxia's cautious forecast, dragging memory stocks lower

TechnologyInternational24/7 Wall St.Nov 2, 2026, 1:53 PMAI summary

A cautious forecast from Kioxia Holdings for the December quarter turned a gain in Micron Technology into a loss and pulled memory stocks lower. Micron trades at $853.34, down 4% and down 20% over the past month. Western Digital falls 5% and SanDisk 3%. Kioxia guided December-quarter operating profit to 2 trillion yen, only slightly above the prior quarter and below analyst estimates, attributing the outlook to shipment timing.

In 35 seconds

Micron falls 4% to $853.34 and is down 20% over the past month
Kioxia guided December-quarter operating profit to 2 trillion yen, below analyst estimates
Western Digital falls 5% and SanDisk 3%; over the month they are down 24% and 36%, respectively

Read the full story at 24/7 Wall St.

IASummary generated by artificial intelligence from a story by 24/7 Wall St.. It may contain errors: the original source prevails.

semiconductores
memoria
Micron
Kioxia
mercados

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Micron falls 4% after Kioxia's cautious forecast, dragging memory stocks lower

In 35 seconds

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