$Micron Technology(MU)$ ell 2.18% on Tuesday (24 Mar) after reports that rival SK Hynix is planning a US listing and a major US$8B EUV equipment purchase by 2027 — a move that could reshape competition in the AI‑memory space. The newly-listed Micron 3x Short DLC jumped ~6.5%, while the Micron 3x Long DLC declined by a similar amount, reflecting the sharp downside move. Micron, SK Hynix and Samsung control most of the high‑performance memory used by AI leaders like $NVIDIA(NVDA)$ and $Advanced Micro Devices(AMD)$ . A US‑listed SK Hynix could pull investor flows away from Micron. Despite a strong second‑quarter earnings beat, Micron is now down ~15% since its results,