Since last month, when memory stocks hit their highs, SK Hynix Inc.
(NASDAQ:SKHY) has plunged nearly 47%, and SanDisk Corp.
(NASDAQ:SNDK) has lost more than 50%.
Micron Technology Inc.
(NASDAQ:MU) and Western Digital Corp.
SK Hynix Earnings Could Test AI Memory Selloff Thesis - Micron Technology (NASDAQ:MU), Western Digital (N
SK Hynix earnings could determine whether Wall Street misread the AI memory selloff as demand fears mount over China and HBM competition.
TL;DRAI
SK Hynix fell 47% on AI memory demand fears, but Tessara argues the selloff stems from HBM contract timing, not weakening demand. Record June exports and commodity DRAM prices (+58%) indicate robust AI demand; earnings this week will clarify whether supply constraints persist into 2028.
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