MU, SNDK, DRAM Fall Sharply From Record Highs: Korean Market Crashes 10% Crash On SK Hynix, Samsung Pullback - Yahoo Finance

On June 23, 2026, global tech stocks experienced a sharp correction, with memory chip stocks, particularly those tied to DRAM, leading the decline. In the U.S., Micron Technology (MU), SanDisk (SNDK),... Read original →

This memory stock selloff reflects valuation correction, not deteriorating fundamentals. Technically, sustained DRAM price weakness could delay HBM4 ramp-up, slowing AI server upgrades and pressuring advanced packaging utilization. On compliance, U.S.-Korea efforts to de-risk memory supply chains from mainland China raise operational costs for Samsung and SK Hynix’s China fabs, while Micron leverages its ‘trusted supplier’ status. Strategically, Samsung may offset DRAM exposure by expanding NAND share, while Micron accelerates HBM co-packaging partnerships with foundries in Taiwan, China. Over the next 12–24 months, expect brutal consolidation: capex cuts, exits by smaller players, and top firms tightening control via vertical integration—ushering in an era where AI memory leadership hinges on performance, cost, and geopolitical alignment.