Memory Stocks Decline Despite Strong AI Demand
Despite robust AI growth and high spending on infrastructure in 2026, memory stocks like Micron (NASDAQ:MU), SK hynix (NASDAQ:SKHY), and Sandisk (NASDAQ:SNDK) have fallen sharply. The decline is attributed to oversold HBM supply, potential price drops for chips, and shifting AI budgets toward power solutions rather than memory.
Tickers: $MU $NVDA $SKHYV $SNDK