Micron, SanDisk and SK Hynix Shares Fall as AI Chip Selloff Deepens
Micron fell 4.07% in premarket trading, while SanDisk dropped 4.94% and SK Hynix slid 6.61%. The declines continued despite TSMC reporting record profitability.
Memory-chip manufacturer Micron Technology Inc. (MU, Financials) was down another 4.07% in premarket trading as investors continued to flee one of the hottest areas of the AI trade.SanDisk was down 4.94% while SK Hynix slid 6.61%. That decline happened even as TSMC posted record profitability and r…