Despite beating earnings last night, computer memory maker Micron Technology (NASDAQ: MU) released weak guidance for the coming quarter -- earnings as much as 45% below what Wall Street is expecting. That news sent Micron shares plummeting 6% and spaked a series of downgrades and price target reductions on Wall Street.
It's sinking Nvidia (NASDAQ: NVDA) stock today as well. As of 11:30 a.m. ET, shares of this Micron peer and semiconductor leader are down 3.3%.
What was it that Micron said that's spooking investors in Nvidia?
Source Fool.com