Micron Stocks Fall, Pushing Chip Stocks Lower

Micron shares in 2017
Shares of Micron Technology fell on Friday, dragging the broader chips sector lower.
Shares of chip makers Advanced Micro Devices and Nvidia — last year’s best-performing S&P 500 component — also traded lower.
The iShares PHLX Semiconductor exchange-traded fund (SOXX) slipped 0.2 percent, with Micron falling about 4 percent to lead the decliners.
He added that Friday is the last trading day of the quarter, and Micron has been a big gainer this year, which could be adding to the stock’s volatility.

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