Micron Stocks Fall 3.96% as Nvidia CEO Exit Drags Memory Shares Lower Khac Phu Nguyen Fri, November 13, 2026 at 12:59 PM EST 1 min read MU -4.53% NVDA -3.17% SNDK -8.02% SKHY -4.99% Explore stocks on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
Micron Technology (NASDAQ:MU) shares fell 3.96% to $766.83 as of 10:05 a.m. ET in Friday's regular session on November 13, sliding with the broader chip sector as investors digested Jensen Huang's exit from Nvidia. Sandisk and SK hynix also fell.
Warning! GuruFocus has detected 4 Warning Signs with MU.
Is MU fairly valued? Test your thesis with our free DCF calculator.
The selloff runs against Micron's own figures. Fiscal fourth-quarter revenue hit a record $54.23 billion, up from $11.32 billion a year earlier, with GAAP gross margin of 86.8%. Fiscal 2026 revenue reached $133.19 billion, against $37.38 billion the year before. For the fiscal first quarter, Micron guided revenue to about $61.5 billion, plus or minus $1.5 billion.
That guide implies 13.4% sequential growth from a record quarter. Micron is priced as a supplier to the AI build-out, so any hint that Nvidia's customers could slow orders while leadership is unsettled hits it first. The GuruFocus chart shows a GF Score of 96/100, built on top-tier profitability, a strong balance sheet and a valuation that still screens well, while momentum has cooled. GF Value is $840.32, putting the shares 8.7% below GuruFocus's estimate with a "Fairly Valued" label. Friday's dip has opened a small gap, not a deep bargain. The next test is Nvidia's November 17 outlook, then Micron's own quarterly report in December.
