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SanDisk, Micron Stocks Plummet As Korea Shockwave Batters The Great Memory Boom - Roundhill Memory ETF (B
A Korean policy proposal on AI profit sharing triggered memory stock selloff, with Roundhill Memory ETF down 11.8% and EWY off 9.8%.
Summary by Benzinga
3 Articles
3 Articles
Dow Jones Futures: AI Stocks Pare Big Losses; How To Handle Sandisk, Micron, Intel
SanDisk and Micron Fall 9%, Western Digital Drops 8% as Memory Supercycle Trade Hits Pause Button
The post SanDisk and Micron Fall 9%, Western Digital Drops 8% as Memory Supercycle Trade Hits Pause Button appeared first on 24/7 Wall St.. Quick Read SanDisk (SNDK) stock is down 9% after a massive run, with shares surging 552% year-to-date and 3,299% over 12 months. Micron (MU) fell 9% with Cloud Memory revenue nearly doubling to $5.28B at 66% gross margin, and Western Digital (WDC) dropped 8% with gross margin crossing 50% for the first ti…
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