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What's Going On With Micron Technology Stock On Tuesday?

Micron Technology, Inc. (NASDAQ:MU) shares are trading lower today. Today, the company disclosed the shipment of its ninth-generation (G9) TLC NAND SSDs, becoming the first in the industry to reach this milestone. The G9 NAND boasts the highest transfer speed of 3.6 GB/s, providing higher bandwidth for data read and write operations. This new NAND delivers top-tier performance for AI and data-intensive applications, from personal devices to enterprise and cloud data centers. Micron’s G9 NAND delivers 50% faster data transfer, 99% higher write bandwidth, and 88% better read bandwidth per die compared to competitors, boosting performance and energy efficiency in ...