Memory stocks lose momentum after first-half rally…smart money exits

1. 1Memory chip names that surged in the first half struggle to regain momentum amid AI-trade concerns
2. 2Sandisk (SNDK) and Western Digital (WDC) down more than 30% from peaks; Seagate (STX) and Micron (MU) off roughly 20%
3. 3Despite solid fundamentals, smart money exits on macro headwinds from rates, war, and oil prices

Source Bloomberg · View original ↗

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