Micron and SanDisk stocks dropped 8-13% as investors rotated out of AI-linked semiconductor names, but tight DRAM and NAND supply conditions are limiting

The maker of memory chips slid to start the week, marking an about-face from its post-earnings surge.

Micron and SanDisk stocks have surged over 200% amid an AI memory shortage Morgan Stanley says could last 2-3 more years. Here's what it means for crypto.

Micron and SanDisk stocks dropped 8-13% as investors rotated out of AI-linked semiconductor names, but tight DRAM and NAND supply conditions are limiting

Memory maker Micron, which jumped over 240% in the second quarter, dropped 11% on Wednesday, wiping out nearly $200 billion of market capitalization.