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Micron, SanDisk, SK Hynix plunge up to 20% as memory stocks selloff intensifies

Source: invezz.com

Artificial IntelligenceTechnology & InnovationMarket Technicals & FlowsInvestor Sentiment & Positioning
Micron, SanDisk, SK Hynix plunge up to 20% as memory stocks selloff intensifies

Memory stocks extended losses on Thursday as investors reduced exposure to AI-linked semiconductor companies following the US midterm elections. Micron fell nearly 16%, SK Hynix declined 13%, and SanDisk plunged 20%.

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Market Sentiment

Overall Sentiment

moderately negative

Sentiment Score

-0.55

Ticker Sentiment

MU-0.70
SKHY-0.60
SNDK-0.75

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