Micron Technology shares fell 5.25% Monday amid a broader technology sell-off linked to concerns about the pace of artificial-intelligence infrastructure spending, then recovered in Tuesday premarket trading as investors focused on a potential labor dispute at its Taiwan facilities. A union is seeking a profit-sharing arrangement allocating 15% of operating profits to employee bonuses and has threatened industrial action, although Taiwan regulations require mediation before a legal strike. Micron employees had previously been offered compensation worth 35 to 68 months of base pay for fiscal 2026, including a one million New Taiwan dollar cash award, approximately $31,377, for workers who joined before August 29, 2025. Analysts expect fiscal-fourth-quarter earnings of $31.30 per share and revenue of $50.78 billion on September 30, compared with $3.03 per share and $11.31 billion a year earlier. Pella Funds CIO Jordan Cvetanovski said memory stocks could perform strongly over the next 12 to 24 months, while warning that high profitability could encourage capacity expansion and pressure prices. Micron’s consensus rating is Buy, with an average price target of $1,521.74.