US memory stocks fall early, SanDisk down 6.74%

The story so far: Memory-chip shares extend losses

US memory-chip shares fell early on Oct 12, with SanDisk down 6.74% and Micron, SK Hynix, Seagate and Western Digital lower. On Oct 15 losses deepened, with Kioxia's ADR down 10%, SanDisk and Seagate down over 8%, Western Digital over 7%, SK Hynix over 6% and Micron over 5%.

1. 12 Oct 202614:06 UTC

   US memory stocks fall early, SanDisk down 6.74%

   US memory shares fell in early trading, with SanDisk down 6.74%, Micron's ADR down 6.08%, Micron Technology down 4.31%, SK Hynix down 4.09%, Seagate down 2.85% and Western Digital down 2.15%, per MSX.COM data. The Philadelphia Semiconductor Index fell 2.07%.

   MacroOdailyAINeutral

2. 13 Oct 202613:32 UTC

   Memory-chip shares extend losses as Micron and SK Hynix fall over 5%

   After the US open memory-chip shares extended declines, with Micron and SK Hynix down more than 5% and Western Digital and Seagate down more than 6%. Banks were mixed: JPMorgan rose 1.7%, Goldman Sachs gained over 3% and Wells Fargo fell nearly 3%.

   MacroOdailyAINeutral

3. 15 Oct 202605:59 UTC

   SK Hynix extends decline to more than 12%

   Gate data showed SK Hynix shares falling more than 12%, reaching their lowest level since 27 April.

   MacroOdailyAINeutral

4. 15 Oct 202613:33 UTC

   Memory and optical communication shares slide, SK Hynix down over 6%

   Memory and optical communication stocks fell, with SK Hynix down more than 6%, SanDisk and Western Digital each down over 5%, Micron and Corning each down over 4% and Marvell Technology down over 5%, according to MSX.COM data.

   AIOdailyAINeutral

5. 15 Oct 202613:43 UTC

   US memory-chip stocks fall further as Kioxia ADR drops 10%

   US-listed memory stocks extended losses, with Kioxia's ADR down 10%, SanDisk and Seagate Technology down more than 8%, Western Digital down over 7%, SK Hynix down more than 6% and Micron Technology down over 5%, according to MSX.COM data.

   MacroOdailyAINeutral