$Micron Technology(MU)$ $SK hynix(SKHY)$ Buying the dip now, both Micron (MU) and SK Hynix (SKHY) likely to dip further towards the $880 mark. Micron shares were down 4.4% at $873.70 in premarket trading. A slide that began at the start of the week on news that China's CXMT was developing a new memory chip has been compounded by fears about the wider AI trade. South Korean memory companies Samsung Electronics and SK Hynix were even harder hit, dropping 9.5% and 11%, respectively, in local trading on Thursday.