---
title: "Watch These Stocks As AI Bubble Sell-Off Intensifies"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293221537.md"
description: "AI-related stocks face intense sell-offs as the KOSPI enters correction territory, with memory giants Samsung and SK Hynix driving volatility. Software firms like IBM report customers shifting budgets from AI software to expensive hardware, causing sales slumps for Oracle, Salesforce, Adobe, and Autodesk. Meanwhile, Marvell Technology erased recent gains, and investors are closely monitoring these trends amid broader market nervousness."
datetime: "2026-07-20T13:30:50.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293221537.md)
  - [en](https://longbridge.com/en/news/293221537.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293221537.md)
generator: "portal-rs"
---

# Watch These Stocks As AI Bubble Sell-Off Intensifies

Investors heavily exposed to AI suppliers start the week on a nervous note. South Korea’s KOSPI entered correction territory of -10%, then a 20% drop for a bear market. Memory suppliers are the companies that investors are watching closely.

Samsung (SSNLF) and SK Hynix (SKHY) account for a record 50%-60% of Asia’s KOSPI index. Retail investors account for most of the volatility after foreign investors lowered their exposure. Speculators thought that SK Hynix would rise by more after its inclusion in the U.S. exchange. Instead, SKHY stock peaked at $194.80, closing at $154.03 last Friday.

Micron Technology (MU), which enjoyed profit margins of 84.6% last quarter, tracks those memory stocks closely. However, Marvell Technology (MRVL) erased the June/July rally by closing down by 32.29% in the last month to $188.68. Investors also dumped Western Digital (WDC), Seagate (STX), and SanDisk (SNDK).

Software Sales Slump

IBM (IBM) elevated market fears when it said that customers allocated its budget for AI hardware. Instead of spending on consulting and IBM AI software, they bought GPUs and memory at rising prices. The steep inflation in hardware prices hurts corporate customers' spending power. Software firms like Oracle (ORCL) also dropped, while Salesforce (CRM), Adobe Systems (ADBE), and Autodesk (ADSK) continued to rebound in the last week.

### Related Stocks

- [IBM.US](https://longbridge.com/en/quote/IBM.US.md)
- [ADSK.US](https://longbridge.com/en/quote/ADSK.US.md)
- [SKHY.US](https://longbridge.com/en/quote/SKHY.US.md)
- [CRM.US](https://longbridge.com/en/quote/CRM.US.md)
- [MRVL.US](https://longbridge.com/en/quote/MRVL.US.md)
- [ORCL.US](https://longbridge.com/en/quote/ORCL.US.md)
- [ADBE.US](https://longbridge.com/en/quote/ADBE.US.md)
- [ADBG.US](https://longbridge.com/en/quote/ADBG.US.md)
- [ORCX.US](https://longbridge.com/en/quote/ORCX.US.md)
- [XSW.US](https://longbridge.com/en/quote/XSW.US.md)
- [07709.HK](https://longbridge.com/en/quote/07709.HK.md)
- [MVLL.US](https://longbridge.com/en/quote/MVLL.US.md)
- [CRMG.US](https://longbridge.com/en/quote/CRMG.US.md)
- [EWY.US](https://longbridge.com/en/quote/EWY.US.md)
- [03121.HK](https://longbridge.com/en/quote/03121.HK.md)
- [IBX.US](https://longbridge.com/en/quote/IBX.US.md)
- [MRVU.US](https://longbridge.com/en/quote/MRVU.US.md)
- [ORCU.US](https://longbridge.com/en/quote/ORCU.US.md)
- [ORCS.US](https://longbridge.com/en/quote/ORCS.US.md)
- [ADBU.US](https://longbridge.com/en/quote/ADBU.US.md)

## Related News & Research

- [Kioxia CEO Says to Curb Memory Price Rally, Downplays Odds of Deeper Co-op w/ SK hynix](https://longbridge.com/en/news/298396109.md)
- [Microsoft goes after Salesforce and ERP users with AI-powered converter](https://longbridge.com/en/news/298538721.md)
- [Autodesk (ADSK) Could Be 35% Undervalued Following Its $500 Million Bond Raise](https://longbridge.com/en/news/298518465.md)
- [ADSK: AI-powered operations and digital twins drive growth in a $40B market, with more innovation ahead](https://longbridge.com/en/news/298476946.md)
- [IBM collaborates with LTM, Red Hat on Lightwell for AI-driven open-source vulnerability remediation](https://longbridge.com/en/news/298459387.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**