Micron during Samsung strike?

I'm a bit surprised that Micron dropped THIS much today. I'm guessing it's tied up in some of the same ETFs that are getting sold down on the news.

Can Micron actually lose right now, though? I don't see any reason they don't meet market estimate next earnings call in June, but their outlook must be amazing considering half their competition was on strike, no?

Even if memory capex is reduced, they'd have more orders coming in that Samsung would've received and can command more premium with less competition. Short of a factory explosion, what are their downsides?