美光与高通签署内存长期协议，股价反跌5.37%

Today, $MU announced it signed memory LTAs with $QCOM.

Interesting reaction to see Micron proceeded to drop 5.37% right after.

Doesn’t quite feel like there’s anything individually wrong with memory or AI names with all these structural agreements signed?

More like the tail end of deleveraging / margin cascades.