AI-related stocks, especially memory companies like Micron, have seen sharp declines due to worries over AI demand and higher interest rates. The selloff was triggered by slower revenue growth at Anthropic and a hotter inflation report, hitting leveraged neocloud firms hardest. While smaller AI companies face pressure from rising rates, larger hyperscalers remain more resilient thanks to strong cash flows and diverse funding. This market correction is viewed as overdue, presenting buying opportunities in solid companies such as TSMC, with investors advised to watch hyperscaler capital expenditures for signs of ongoing AI demand.
Micron Technology shares dropped 2.96% to USD 887.06 on Pluang as of Oct 15, 2026 21:32 WIB. The stock's market cap stands at $1.03 trillion with a dividend yield of 0.07%. Despite the selloff, 59% of Pluang users are buying, showing some confidence amid the AI sector's volatility.
Seagate's stock fell over 14% recently due to competitor Toshiba's plans to expand hard-drive capacity, impacting the entire sector. Despite this, Seagate's fundamentals remain strong with nearline capacity nearly fully booked through 2027 and robust...
Memory chip stocks including SK Hynix, Samsung, and Micron have dropped significantly due to worries over competition from China's CXMT and potential oversupply by 2029. CXMT's new server memory design raised concerns about market share loss, though ...
Elon Musk publicly praised Micron Technology for its reasonable memory pricing, contrasting it with unnamed rivals he called extortionate. His comments came as Micron's shares fell 25% below their 52-week high, despite the stock having gained over 23...
NVIDIA, Micron, and SanDisk are central suppliers to the AI industry, benefiting from strong memory and storage demand as AI compute becomes revenue. Analysts predict 45% or more upside for each stock by 2027, supported by rising earnings estimates a...
Micron Technology's stock dropped from $1,097 to $953 following earnings and news of CXMT's new DRAM cell design, which added pressure to an ongoing semiconductor market selloff. The company's $134 billion in contracts are valued at minimum prices, w...
