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The Zhitong Finance App learned that on Friday, the storage sector generally fell, with SK Hynix (SKHY.US) falling more than 5%, SanDisk (SNDK.US), Western Digital (WDC.US), and Seagate (STX.US) falling more than 4%, and Micron Technology (MU.US) falling more than 3%. The central narrative of the market this week is a marked cooling of AI-related transactions. As market concerns about the cost of AI infrastructure construction continue to heat up, capital flows out of the technology sector, and chip stocks are particularly vulnerable.
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The Zhitong Finance App learned that on Friday, the storage sector generally fell, with SK Hynix (SKHY.US) falling more than 5%, SanDisk (SNDK.US), Western Digital (WDC.US), and Seagate (STX.US) falling more than 4%, and Micron Technology (MU.US) falling more than 3%. The central narrative of the market this week is a marked cooling of AI-related transactions. As market concerns about the cost of AI infrastructure construction continue to heat up, capital flows out of the technology sector, and chip stocks are particularly vulnerable.
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