{"id":920885,"date":"2026-07-08T12:58:17","date_gmt":"2026-07-08T12:58:17","guid":{"rendered":"https:\/\/www.europesays.com\/us\/920885\/"},"modified":"2026-07-08T12:58:17","modified_gmt":"2026-07-08T12:58:17","slug":"ai-memory-stocks-extend-decline-as-market-jitters-grow","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/920885\/","title":{"rendered":"AI memory stocks extend decline as market jitters grow"},"content":{"rendered":"\n

What happened:<\/strong>\u00a0AI memory stocks Micron (MU<\/a>), Sandisk (SND<\/a>K), and Western Digital (WDC<\/a>) each fell more than 3% on Wednesday morning, extending their losses from the prior session as the broader market declined. <\/p>\n

What’s behind the move: <\/strong>The decline comes amid renewed strikes between the US and Iran<\/a> and as selling pressure on the artificial intelligence trade continued after Samsung Electronics’ (005930.KS<\/a>) record profits failed to impress investors<\/a> this week. <\/p>\n

Growing concerns that hyperscalers could eventually slow their AI infrastructure spending have prompted investors to take profits across the sector. <\/p>\n

Sentiment was also pressured by a Reuters report that Chinese AI startup DeepSeek is developing its own AI chip, raising fresh competitive concerns. <\/p>\n

The weakness spread across the broader semiconductor sector, with Intel (INTC<\/a>), AMD (AMD<\/a>), and Broadcom (AVGO<\/a>) all sinking. <\/p>\n

What else you need to know:\u00a0<\/strong>The AI trade has been a major driver of earnings growth this year, helping propel the broader stock market higher. <\/p>\n

A critical shortage of high-bandwidth memory (HBM) used in AI data centers has fueled sharp gains in shares of Micron, Samsung Electronics, and SK Hynix (000660.KS<\/a>), with Wall Street expecting supply constraints to persist through 2027. <\/p>\n

\"An<\/a> An employee works at a lithography tool for 300mm wafer manufacturing at the new Smart Power Fab of German semiconductor manufacturer Infineon Technologies AG in Dresden, eastern Germany, on June 10, 2026. (Jens SCHL\u00dcTER \/ AFP via Getty Images) \u00b7 JENS SCHLUTER via Getty Images <\/p>\n

Fundstrat’s Tom Lee wrote in a note on Wednesday, “We remain structurally bullish on AI and AI-related stocks and view this pullback as a buying opportunity.” <\/p>\n

The AI trade could face an important test this week as SK Hynix plans to raise<\/a> about $28 billion through a US-listed IPO <\/p>\n

Ines Ferre is a Senior Business Reporter for Yahoo Finance covering the US stock market, publicly traded companies, and commodities. <\/p>\n

Click here for in-depth analysis of the latest stock market news and events moving stock prices<\/strong><\/a> <\/p>\n

Read the latest financial and business news from Yahoo Finance<\/strong><\/a> <\/p>\n","protected":false},"excerpt":{"rendered":"What happened:\u00a0AI memory stocks Micron (MU), Sandisk (SNDK), and Western Digital (WDC) each fell more than 3% on…\n","protected":false},"author":3,"featured_media":920886,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[21],"tags":[691,738,36972,2437,8727,158,67,132,68,48067],"class_list":["post-920885","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-samsung-electronics","tag-stock-market","tag-stocks","tag-technology","tag-united-states","tag-unitedstates","tag-us","tag-western-digital"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/116884478843805801","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/920885","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=920885"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/920885\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/920886"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=920885"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=920885"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=920885"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}