Business and MoneyUnited StatesHeat 56
Memory chip stocks fall sharply on China and 2029 oversupply worries
AI QUICK TAKE
Memory chip stocks are being hit hard in a tech sell-off, with SK Hynix, Samsung and Micron among the worst performers. Investors are worried about China and a possible oversupply in 2029.
Timeline
- CNBC reports memory stocks getting hammered