US stocks fluctuate | Micron Technology (MU.US) drops more than 3% as the company announces the termination of Crucial consumer business.

According to the Securities Times APP, on Thursday, Micron Technology (MU.US) fell more than 3% to $225.74. Micron Technology announced on Wednesday that it plans to stop selling storage products to individual consumers in the PC/DIY market in order to focus its capacity on providing enough storage products for high-performance AI chip-driven computing clusters. "The exponential expansion of data center driven by the AI wave has led to a surge in demand for DRAM and NAND products," Micron's business leader Sumit Sadana said in a recent statement. "Micron has made the difficult decision to exit the Crucial consumer business in order to enhance the supply and support of storage products to large strategic customers in faster-growing segments."