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Nasdaq Falls as Apple Price Hikes Offset Micron Rally

The Nasdaq composite fell Thursday as Apple shares dropped after the company raised prices, while Micron rallied on robust demand for memory chips.

June 25, 2026
1 min read
Source: Kiplinger
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The Nasdaq composite declined in Thursday trading, dragged down by Apple's price hike announcement, while Micron Technology surged on strong memory chip demand.

Reasons Behind the Moves

Apple (AAPL)

Apple shares fell after the company announced price increases on several products, raising concerns among investors about potential consumer demand slowdown amid high inflation.

Micron (MU)

Micron shares rose over 5% following reports of increased demand for memory chips used in data centers and artificial intelligence, boosting optimism in the semiconductor sector.

Broader Context

The moves come amid a volatile session for U.S. markets, with investors awaiting upcoming inflation data and Federal Reserve interest rate decisions. The tech sector remains under pressure from elevated financing costs.

Similar Moves in the Sector

Other semiconductor stocks showed mixed performance, with Nvidia and Intel edging higher while AMD declined.

Frequently Asked Questions

The Nasdaq fell due to Apple's price hike announcement, which raised concerns about weakening consumer demand.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.