Micron Technology Falls 5%, SanDisk Sinks 6%, Western Digital Drops 7% as Higher Rates Test the Memory Boom
6 Articles
6 Articles
Micron Technology Falls 5%, SanDisk Sinks 6%, Western Digital Drops 7% as Higher Rates Test the Memory Boom
Rising Treasury yields just punched a hole in one of the hottest trades in the entire semiconductor sector, and the selloff has nothing to do with memory fundamentals.
Memory semiconductor stocks are showing strength due to the expansion of AI data centers and forecasts of supply shortages. The U.S. government's memory regulations on China and major companies' goals to improve long-term profitability are restoring investor sentiment, raising expectations for a new boom cycle in the semiconductor industry.
Micron down 6%, SK Hynix and SanDisk 5%: why is memory trade crashing?
Micron Technology (NASDAQ: MU) and SanDisk stock (NASDAQ: SNDK) fell sharply in US premarket trading on Tuesday, reversing Monday’s powerful memory-chip rally as investors cut exposure to 2026’s hottest AI winners. Micron was indicated about 6% lower around 5:30 a.m. ET, while SanDisk was down 5.3%. SK Hynix’s US-listed ADRs fell about 5.1%, even after its Seoul-listed shares had rallied earlier in the Asian session. The retreat came without an …
SK Hynix's U.S.-Listed Shares Jump 4% as AI Memory Rally Continues Despite Choppy Trading This Year
SK Hynix's shares rise due to AI memory demand and strategic partnerships, despite volatility. The company plans significant investments in manufacturing to meet future demand, with analysts remaining optimistic.
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