Memory Stocks Slide on Report Apple May Source Chinese Chips: SanDisk Down 9%, Micron and Western Digital Down 7%
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4 Articles
Memory Stocks Slide on Report Apple May Source Chinese Chips: SanDisk Down 9%, Micron and Western Digital Down 7%
Weekend reports that Washington may let Apple source memory chips from Chinese suppliers sent shockwaves through the sector, but at least one analyst says the market is badly misreading what Chinese suppliers can actually deliver.
Every sharp fluctuation in the semiconductor sector can find the clearest response in Micron Technology's stock price. The memory chip giant experienced another 5.6% drop yesterday. The stock price closed at 781.00 euros, and the logic of this decline is more complicated than a simple sector correction — market rumors suggest that the US regulatory authorities may release Apple to purchase products from Chinese memory chip manufacturers. This ne…
Sandisk Shares Drop 7% Amid AI Valuation Concerns Linked to Apple-China Memory Uncertainty
NEW YORK, August 24, 2026, 14:00 EDT — Sandisk stock slid 7% as investors weighed the potential AI-driven premium in light of fresh risks to its Apple supply relationship and memory sales in China. Sandisk was down 7.27% at $1,480 in Monday's opening session.Last week's rally, sparked by policy, was undone by reports suggesting Apple…
Why are Micron, SK Hynix, SanDisk stocks falling today?
Memory stocks fell sharply on Monday as investors weighed concerns over Apple’s potential use of Chinese memory chips, a disappointing capital-return announcement from Samsung and broader profit-taking across semiconductor shares. Micron Technology MU fell about 7%, while SK Hynix dropped roughly 5%. SanDisk declined around 9%, while Seagate Technology and Western Digital each fell about 7%. The selling came as investors digested reports that th…
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