Micron, Samsung, SK Hynix just dragged memory stocks into a bear market - Yahoo Finance

In 2026, the memory chip sector experienced a sharp market correction, with major players such as Micron, Samsung, and SK Hynix dragging the entire memory stock group into a bear market. Despite Samsu... Read original →

This memory sector selloff reveals structural fragility beneath the AI-driven rally. Technologically, DRAM scaling nears physical limits, while HBM3E/HBM4 yield issues inflate AI server costs and dampen demand. Geopolitically, U.S.-led export controls and domestic subsidies force Samsung and SK Hynix into costly, less flexible U.S. fab investments. Strategically, Samsung may divest its loss-making foundry unit to refocus on memory, while Micron will likely lobby for expanded CHIPS Act funding to stabilize valuation. Over the next 12–24 months, expect brutal consolidation: smaller players buckle under capex pressure, HBM supply chains converge around TSMC’s CoWoS paired with Micron/SK Hynix, and volatile commodity DRAM prices destabilize equipment and OSAT vendors across the ecosystem.