US stock anomaly | Stock price spikes and falls! Micron Technology (MU.US) narrowed its gains to 3%, industry insiders warn of risks.

Zhixin Finance APP learned that after a sharp increase of over 19% in the stock price yesterday, on Wednesday, Micron Technology (MU.US) surged more than 6% in early trading, and as of the time of publication, it had risen more than 3% to $926.53. Insiders warned that there are obvious signs of oversupply in the current storage chip market - the amount of inventory in terminals may far exceed real consumption demand. Once the growth rate of AI applications does not meet expectations, inventory pressures will quickly transmit upstream, at which point, the entire storage industry chain will face a test.