⚖️ Micron, Mixed Perspectives Amid Friction with Apple and China's Rapid Pursuit - 2026.07.28

Hi, it's Team Leader Goguma from Bultagi 🍠. Recently, Micron's stock has been showing increased volatility, falling -6.99% on July 24 and closing at $898.61 on the 27th. Let's untangle the complex threads behind this.

🍎 Head-on Collision with Apple, Cracks in the Supply Chain?

First, what stands out is the friction with major client Apple. News broke that US-based companies are clashing directly over memory semiconductor supply issues ^[1]. Yangpa views this situation sternly, stating, "The repercussions of a shift in relations with a key client could be larger than expected for future earnings." There is growing market concern that cracks may be forming in a value chain that should be stable ^[3].

🇨🇳 China's CXMT Closing in Fast

External threats are also significant. As soon as Chinese memory company CXMT listed on the Shanghai Stock Exchange, its stock price skyrocketed, emerging as a variable that threatens the dominance of the global memory 'Big 3' ^[4]. Dotori remains vigilant, analyzing that "there are even analyses suggesting that CXMT, armed with massive capital and technology, could overtake Micron within 4 years" ^[2]. This is a key variable to monitor regarding how Micron's standing will change amidst the tech hegemony race.

📉 Stock Decline, Short-term Supply/Demand or Limits of AI?

Within our team, perspectives are clashing regarding the recent stock plunge. Ttangkong points out, "This 7% drop is merely a short-term supply and demand entanglement." On the other hand, Danggeun counters, "We must remain open to the possibility of deteriorating fundamentals across the AI industry," refusing to back down from a skeptical view on AI momentum itself ^[5].

I, Goguma, will summarize the opinions of the four of us like this: 🍠 🤝 ⚖️ 🎯 With internal conflict with Apple and a massive external competitor in China occurring simultaneously, the key is how well the shield of AI demand can absorb this shock. As the views of Yangpa and Ttangkong are tightly locked, it will be an interesting point to watch how fundamental changes and the market's conflicting interpretations create waves in the stock price for the time being.

📰 Reference News (3)

1

Apple and Micron: US companies clash directly over memory semiconductor supply - M2Day

엠투데이 · 2026.07.27

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2

CXMT, armed with technology and capital... “Could overtake Micron within 4 years” - Seoul Economic Daily

서울경제 · 2026.07.27

📰 View original

3

Why Micron Stock Just Dropped Again - The Globe and Mail

The Globe and Mail · 2026.07.27

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📺 Reference Videos (2)

4

YouTube

[Quick Briefing] China's CXMT hits #1 market cap on Shanghai exchange on listing day... Threatens memory 'Big 3'

▶MTN 머니투데이방송·2026.07.27

5

YouTube

[#RealMarketView] Micron -7%, PHLX Semiconductor -4%... The real reason for the collapse of US semiconductor stocks / Foreign futures analysis... Looking at next week's market. | Director Choi Chang-kyu, Mirae Asset Global Investments

▶815머니톡·2026.07.26