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Why Micron's blowout earnings are a headache for Apple
Key takeaways
- Investors are rewarding Micron (MU) for a global memory squeeze that has pushed pricing power back to suppliers.
- The stock has fallen into the upper end of its old range, putting the $275 to $280 area back in focus.
- Apple raised prices on some MacBooks and iPads amid the global memory crisis, with increases running from $100 to $300 on some devices.
Why Micron's blowout earnings are a headache for Apple Jared Blikre Thu, June 25, 2026 at 11:19 PM GMT+7 2 min read MU AAPL Micron's blowout earnings sent the stock soaring Thursday, but the bigger market message showed up in Apple's share price.
Investors are rewarding Micron (MU) for a global memory squeeze that has pushed pricing power back to suppliers. Apple (AAPL), down over 5% after raising prices on some Macs and i Pads, is showing the other side of that squeeze.
Apple is back below where its May breakout began. The stock has fallen into the upper end of its old range, putting the $275 to $280 area back in focus. That zone is now the line between a bruising one-day price shock and a failed multi-week breakout.
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