Акции Micron Technology (MU) упали примерно на 4% 13 октября 2026 года, поскольку инвесторы оценивали растущую китайскую конкуренцию, опасения по поводу расходов на искусственный интеллект и трудовой спор на Тайване. Производительmemory-чипов торговался около отметки 949 долларов после восстановления части раннего падения в волатильную торговую сессию во вторник, при этом давление было заметно по всему полупроводниковому сектору.

Технология памяти из Китая вызывает опасения по поводу конкуренции

ChangXin Memory Technologies (CXMT) сообщила о прогрессе в разработке компактной архитектуры DRAM 4F² — речь идет о площади кремния, занимаемой каждой ячейкой памяти, — которая позволяет разместить больше памяти на каждом чипе. Китайский производитель plans to introduce server-grade DDR5 products using the architecture before the end of 2026.

The announcement raised questions about future supply and pricing. Server DDR5 modules are the mainstay memory class of data center systems, a category that anchors revenue across the DRAM industry. That market has historically been concentrated among a small group of suppliers, which is why capacity news from outside the established ranks tends to draw close investor scrutiny. Micron relies on demand for server memory and high-bandwidth chips used in AI systems, and recent analyst outlook coverage has described continued expectations for stronger demand despite earlier weakness in the stock. However, CXMT has not yet demonstrated large-scale commercial production of its new design. Investors therefore face uncertainty over how quickly the technology could compete with established manufacturers, including Micron, Samsung Electronics, and SK Hynix.

Broadcom Chief Questions Speculative AI Spending

Broadcom Chief Executive Hock Tan drew fresh attention to AI investment risks at a Singapore event on October 12. He compared some speculative investing to casino gambling and said access to capital could constrain future industry growth. Broadcom is itself a major supplier of custom AI processors and data center networking components, a position that gives his remarks added weight across the semiconductor sector.

Tan's remarks arrived as technology shares faced selling pressure across markets. Nvidia's recent stock reversal had already reflected renewed concerns about AI demand and semiconductor valuations, and investors are watching whether spending by major technology companies will support existing revenue forecasts.

Memory stocks also declined in Asia on Tuesday. Samsung Electronics and SK Hynix suffered sharp losses as traders reassessed Chinese competition and expectations for sustained chip prices. The selling extended beyond companies directly producing DRAM.

Micron Also Faces Taiwan Labor Uncertainty

Micron confronts a separate challenge in Taiwan, where union members authorized possible strike action as workers demanded a permanent profit-sharing arrangement. According to Reuters, 1,994 members voted in favor, representing 99% of ballots cast. The union has not announced a strike date, and Micron's manufacturing operations remain active while negotiations continue. Taiwan remains central to Micron's memory production, where the company operates DRAM fabrication plants.

The labor dispute follows broader weakness in chip stocks, including Intel's recent decline amid fresh questions about its recovery.

Outlook

Despite the pullback, Micron shares remain sharply higher in 2026. Market participants are assessing whether demand from AI data centers can offset possible new competition, higher production risks, and doubts about the pace of infrastructure spending. Near-term markers include whether CXMT can move from design announcement to demonstrated volume production by its end-2026 target, whether Taiwan negotiations produce either a strike date or an agreement, and whether spending by major technology companies continues to support existing revenue forecasts.