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AI Memory Boom Goes Bust. Micron, SK Hynix, Sandisk Plunge 30% — and Are Still Falling

Biztoc.com·July 28, 2026·1 min read
AI Memory Boom Goes Bust. Micron, SK Hynix, Sandisk Plunge 30% — and Are Still Falling

AI Summary

The recent surge in demand for semiconductors driven by artificial intelligence has quickly declined, leading to significant stock drops. Companies Micron, SK Hynix, and Sandisk have all experienced a decline of 30% and continue to fall.

From the source

The post AI Memory Boom Goes Bust. Micron, SK Hynix, Sandisk Plunge 30% — and Are Still Falling appeared first on 24/7 Wall St.. The artificial intelligence boom has created one of the broadest rallies the semiconductor industry has experienced in decades. Gr…

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