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Micron, Sandisk Lead Tech Selloff

Micron and Sandisk lead a sharp tech selloff in a ‘gut-check’ moment for AI stocks

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After South Korean technology stocks fell hard on Tuesday, U.S.-listed chip stocks were also seeing heavy pressure.

Shares of Sandisk SNDK were down more than 9% in morning action and headed for their worst one-day performance since February, according to Dow Jones Market Data.

Micron Technology MU and Western Digital WDC shares were down more than 7%.