Micron (MU) Stock Plummets 18% in March as AI Efficiency Fears Spark 10% Single-Day Crash

Micron Technology Inc. (MU) has issued a stark warning to investors, with its stock plunging 10% in a single session to cap a brutal March selloff, despite soaring demand from AI data centers. The semiconductor giant's shares collapsed 18% for the month, erasing most of its 270% annual gains, on fears that more efficient artificial intelligence systems could drastically reduce demand for its critical high-bandwidth memory chips. This sharp correction highlights the volatile re-rating occurring within the AI infrastructure sector as the market grapples with the long-term implications of technological advancement.