SanDisk, along with other chip stocks, fell following Alphabet's announcement about a new algorithm.
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Unfortunate News for Micron Stock Investors
Apr 15, 2026
Alphabet's new algorithm could reduce demand for storage, negatively impacting chip stocks like Micron. Despite this, the author believes Micron is undervalued at its current price, citing fundamental improvements and potential for increased unit sales offsetting lower per-unit prices.
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Western Digital, along with other chip stocks, fell following Alphabet's announcement about a new algorithm.
SK Hynix, along with other chip stocks, fell following Alphabet's announcement about a new algorithm.
Samsung, along with other chip stocks, fell following Alphabet's announcement about a new algorithm.
Despite negative news from Alphabet impacting Micron's stock, the author still considers it a buying opportunity and undervalued.
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