Memory stocks are getting hammered. China and a 2029 oversupply are the big worries
Summary
Major memory chip makers like SK Hynix, Samsung, and Micron are experiencing severe declines during the current technology sector sell-off. Market participants are increasingly concerned about conditions in China and the potential for a major oversupply issue by the year 2029.
SK Hynix, Samsung and Micron have been some of the hardest-hit names in the latest tech sell-off.
Source: Read the full story at US Top News and Analysis
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