AI-related memory stocks came under heavy selling pressure as fears of a memory supply glut hit the market.

According to BeInCrypto, SanDisk dropped 14.13% in the last 24 hours, while Seagate fell 10.38% and Micron lost 5.49%. Over the past five trading sessions, the three stocks are down 19.59%, 17.54%, and 14.36%, respectively.

Morningstar Research Director Lorraine Tan said AI-related stocks could decline another 20%–30% before becoming attractive again, citing rising memory supply froman #samsong SK Hynix along with slowing AI capital spending. Additional pressure came from Meta's plan to sell excess AI computing power and an antitrust lawsuit involving Samsung, SK Hynix, and Micron over alleged #DRAM $SAMSUNG

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