Micron, Seagate, and Western Digital drop premarket. AI supply chain worries and capacity fears trigger a memory chip stock selloff.

Seagate CEO Dave Mosley's comment sent shares sinking, along with those of Micron, SanDisk and Western Digital.

Micron stock fell 13% in two days, the worst stretch since April 2025. Citi and Melius hiked price targets to $840 and $1,100 on the same day.

Micron, Seagate, and Western Digital drop premarket. AI supply chain worries and capacity fears trigger a memory chip stock selloff.

Seagate Technology CEO, Dave Mosley warns AI-driven memory demand is outpacing production capacity growth.