💼 Business 1d ago · Michael Grothaus

Chip stocks down: Micron, Sandisk, Intel shares get hammered as AI uncertainty infects global markets

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Chip stocks down: Micron, Sandisk, Intel shares get hammered as AI uncertainty infects global markets
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Shares in major U.S. chip and memory companies, including Micron, Sandisk, and Intel, are sinking this morning in premarket trading after the stock prices of similar companies in Asia got hammered hard.



Here’s what you need to know—and what’s behind the current fall in chip stocks.



What’s happened?



It was a bad day for chip stocks in Asia, where the markets are already closed for the day.



In South Korea, major chipmakers saw their stock prices plunge. Memory giant SK Hynix Inc. (KS

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