Micron drops despite 'a great quarter.' Why Cramer is sticking with the stock
- ID
- 30829
- Status
- summarized
- Published
- 02 Oct 2026, 12:17 AM
- Fetched
- 02 Oct 2026, 12:26 AM
- Provider
- CNBC Technology
- Category
- technology
- Original URL
- https://www.cnbc.com/2026/10/01/micron-drops-despite-a-great-quarter-why-cramer-is-sticking-with-the-stock.html
- Source URL
- https://www.cnbc.com/id/19854910/device/rss/rss.html
Summary
- Score
- 1.5
- Created
- 02 Oct 2026, 12:28 AM
- Tags
- Audience
- saas_founders
What happened
CNBC's Investing Club recap covers a Thursday selloff driven by the 10-year Treasury yield hitting 5.34%, its highest since 2002, after the ISM prices-paid index came in hotter than expected and WTI crude climbed above $92 a barrel. Micron fell even after what Jim Cramer called a "great quarter," with the recap pointing to investor concern over Micron's first-quarter gross margin outlook and plans to raise capital spending on manufacturing capacity. The S&P Oscillator sits at negative 5.1% (oversold), but Cramer said stocks could stay under pressure while yields are this high.
Why it matters
The text does not support a concrete action for developers, AI learners, or Malaysian builders. The only builder-adjacent detail is Micron raising manufacturing capex while its near-term gross margin outlook worries investors, which is a signal about memory supply plans rather than anything you'd change in a codebase, cloud bill, or product roadmap today. Treat this as market commentary for people already holding or tracking MU, not as news that should change a build decision.
Discussion angle
Worth a 2-minute sanity check only: the recap ties Micron's drop to higher capex on manufacturing capacity plus a softer Q1 gross margin outlook. Ask whether anyone in the room actually tracks memory/HBM pricing when sizing AI inference costs, or whether this is just stock-picking content that shouldn't take up weekly segment time.