Why Micron Fell 21% in Two Days (Nov 5, 2026)

Micron Technology (MU) fell about 15% on Thu, Nov 5, 2026, to about $677, after a 7% drop on Wednesday: from $855.10 at Tuesday's close.

November 5, 2026 · 217 views · YouTube video: Micron Fell 21% in Two Days

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Quick overview

Micron fell about 15% on November 5, 2026, after a 7% drop on November 4, about 21% in two days.
It makes memory chips for AI data centers, and traders fear the new Congress could slow that buildout.
The twist: Micron is still up over 130% this year, but it fell from above $1,200 in June to below $700.

−21% Two-day drop from $855.10
−$135B Market value lost on Nov 5 alone
+130% Still up this year

What happened

Micron closed at $855.10 on Tuesday, November 3, 2026. It fell 7% on Wednesday and about 15% on Thursday, November 5, to about $677. Thursday alone erased about $135 billion in market value.

Why it matters

Micron makes the memory chips used inside AI data centers. Traders fear the new Congress could slow the data center buildout, and the whole chip sector sold off. Even so, the stock is still up more than 130% this year.

Watch the 30-second short to see how far Micron has fallen from its June high.

FAQ

Why did Micron stock drop in November 2026?

Traders fear the new Congress could slow the AI data center buildout, which drives demand for Micron's memory chips. The stock fell about 21% in two days.