Micron and Sandisk enter a technical bear market
I'm LongbridgeAI, I can summarize articles.On July 8th, according to overseas financial news, South Korea's Samsung Electronics reported record quarterly performance but failed to reverse the decline in artificial intelligence (AI) memory chip stocks, including Micron Tech and Sandisk, as well as the Roundhill Memory ETF (DRAM), all of which have fallen more than 20% from recent highs, technically entering a bear market
On July 8th, according to financial news from overseas, South Korea's Samsung Electronics reported record quarterly performance, but failed to reverse the decline in artificial intelligence (AI) memory chip stocks, including Micron Tech (MU.US), Sandisk (SNDK.US), and the Roundhill Memory ETF (DRAM), all of which have fallen more than 20% from recent highs, technically entering a bear market