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Profit-taking continues in the memory sector; sharp sell-offs are observed ✨
Selling pressure is deepening in memory chip stocks.
🔹 SK Hynix SKHY down 9.27%
🔹 Micron Technology MU down 9.66%
🔹 SanDisk SNDK down 13.53%
🔹 Western Digital WDC down 13.65%
Profit-taking is prominent across the sector. The volatility following the CXMT IPO, combined with concerns about peak memory prices, is causing a sharp pullback among global memory manufacturers.
NFA ✔️ DYOR 🔎
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