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answer: direct
beat: ai-industry
source: 1 article · updated: July 8, 2026
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Is Micron still rated a buy after the selloff?

Yes. Despite climbing 654% over the prior year to $904.28 by July 14, Micron kept a Buy consensus with zero analyst downgrades since June 25, per Benzinga. Its forward P/E of 6.8x sat well below its 16.8x historical average, and its consensus price target implied roughly 45.6% further upside.

Answered in

The AI Chip Rally Just Lost $1.3 Trillion in a Week

Semiconductor stocks erased roughly $1.3 trillion in July 2026 as Intel fell 21% and a Meta cloud-capacity report shook AI infrastructure bulls.

Crashtech Editorial July 8, 2026 AI Business & Money

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