Micron Technology's stock plummeted 5.48% during the night session, reflecting a broader decline across the big tech sector.

The sell-off was driven by macroeconomic concerns as surging oil prices threatened to raise global living costs and potentially lead to higher interest rates. This inflationary pulse has made investors cautious about growth-oriented technology stocks, while increased demand for liquidity has strengthened the U.S. dollar, further pressuring the sector.

Other major tech companies including Broadcom, AMD, TSMC, Alphabet, and Nvidia also experienced declines of around 2-3% during the same trading period, indicating a sector-wide reaction to the evolving economic landscape.