Investing / Technology

Micron Shares Drop 17.5% as Chip and Storage Stocks Retreat

Advanced Micro Devices, ALAB and Nvidia also fell Thursday; SanDisk dropped 17.09% on Nov. 5.

By Celia RowanNov 5, 2026, 10:27 PM UTC

Updated Nov 5, 2026, 10:27 PM UTC1 min read

A technician inspects a silicon wafer inside Micron’s Boise, Idaho, cleanroom / TokenPost.ai

Micron’s $138.84 loss came alongside declines in Advanced Micro Devices, ALAB and Nvidia; SanDisk fell 17.09% on Nov. 5.

Micron shares settled at $656.39, down 17.46% for the session. The figures imply a previous close of $795.23.

Micron makes DRAM, NAND and high-bandwidth memory products. Advanced Micro Devices (AMD) lost a similar amount Thursday, while ALAB slid nearly 20% and Nvidia declined just over 9%. SanDisk shares also posted a 17.09% drop on Nov. 5.

Chip and storage shares had already registered losses before the U.S. open Thursday, as detailed in earlier premarket coverage.

SanDisk Micron Advanced Micro Devices Nvidia Semiconductor stocks ALAB

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