Micron falls 4% on profit-taking despite record Q2 growth

Micron Technology stock dropped 4.3% in premarket trading, despite reporting stellar Q2 results and a strong forecast, dragging down memory chip peers like SanDisk and Western Digital. This "sell-the-news" reaction mirrors Nvidia's recent behavior. Additionally, broader chipmakers faced pressure amid a market selloff triggered by escalating US-Iran tensions in the Middle East.