AI Memory Boom Goes Bust as Micron, SK Hynix, SanDisk Plunge 30%

3-line summary

• Memory-chip stocks Micron, SK Hynix and SanDisk have plunged as much as 30% from recent highs amid the deepening AI-chip sell-off, according to the report.
• The stocks had delivered some of the biggest gains in semiconductor history earlier in the AI boom, per the report.

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