U.S. memory-related stocks weakened after the market open, with Micron Technology and SanDisk falling sharply.
According to NS3.AI, analysts attributed the pullback to plans by Samsung and SK Hynix to invest about 800 trillion Korean won in new chip manufacturing hubs.
Industry insiders said the reported plans do not alter supply-and-demand dynamics for the second half of 2026.
STOCKS | U.S. Memory Stocks Fall After Open as Micron and SanDisk Slide on Korea Chip Hub Plans
2026-06-29 14:58:02
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