Memory Chip Stocks Slide as China Demand Fears and 2029 Supply Glut Shake Investors
Shares of major memory-chip makers were hit hard in the latest technology sell-off, with SK Hynix, Samsung Electronics and Micron among the worst performers as investors reassessed the durability of the current cycle. The immediate concern is weakening China demand, but the deeper worry is a potential oversupply wave later this decade that could pressure pricing and margins across the sector.
