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Western Digital (WDC) Faces New China Barriers As Chip Selloff Deepens
Simply Wall St.18d agobearish
Western Digital (WDC) Faces New China Barriers As Chip Selloff Deepens

Chinese authorities have imposed new barriers on Western Digital’s Sandisk unit, adding fresh constraints on its China operations in 2026. These measures come as China ramps up state-backed initiatives and competitive efforts that weigh on foreign chipmakers’ supply chains and market access. The developments coincide with a wider chip sector selloff that has pushed the Nasdaq 100 into correction territory. Western Digital, traded as NasdaqGS:WDC, sits at the crossroads of flash storage,...

Investors Rotate Out of Chip Stocks
The Wall Street Journal18d agoneutral
Investors Rotate Out of Chip Stocks

The market has been spooked by concerns of tech giants’ ballooning spending and signs that China may be catching up in the AI arms race. Asian chip stocks plunged, sending South Korea’s Kospi index 10% lower and Japan’s Nikkei down 4%. The worst-hit American names included memory makers Sandisk which fell another 14%, and Micron, which shed 8.9%.

Micron Stock Is Leading a Brutal New Chip Slump
Barrons.com18d agobearish
Micron Stock Is Leading a Brutal New Chip Slump

Micron stock was among the sharpest fallers Tuesday after being spared the worst of the selling in the previous session. Micron stock was down 9% by midafternoon, while Sandisk Western Digital and Advanced Micro Devices were down around 15%, 8.2%, and 7.9%, respectively. The Nasdaq Composite was mostly flat despite the chaos.

Micron Stock Dives As Semiconductor Sell-Off Gains Steam
Investor's Business Daily18d agobearish
Micron Stock Dives As Semiconductor Sell-Off Gains Steam

Micron Technology stock plunged on Tuesday as semiconductor stocks broadly continued to sell off. In morning trades on the stock market today, Micron fell more than 11% to 796.46. It was among the worst performers on the Philadelphia semiconductor index, known as SOX.

SK Hynix’s Worst Month Since 2008: Should You Buy this Dip Ahead Of Earnings?
Benzinga18d agobullish
SK Hynix’s Worst Month Since 2008: Should You Buy this Dip Ahead Of Earnings?

The last time SK Hynix Inc. (NASDAQ:SKHY) suffered a monthly decline this severe, Lehman Brothers had just collapsed. Shares of the South Korean memory giant have plunged roughly 41% this month, marking their worst monthly performance since October 2008. The selloff accelerated Tuesday, with the stock dropping another 14% in Seoul just one day before second-quarter earnings. SK Hynix will report second-quarter earnings on Wednesday, after the close. Chart: SK Hynix Eyes Worst Monthly Performance