Micron, SanDisk stocks crash nearly 30% in a week: has AI selloff gone too far?

Impact · against what's priced in

The current stock sell-off in Micron and Western Digital primarily reflects a valuation reset on AI infrastructure timelines, but fundamental indicators like Apple's memory costs and TrendForce forecasts suggest pricing power remains intact. While regulatory and electricity risks create headwinds for data center permitting, these catalysts do not yet undermine the near-term supply tightness already baked into the companies' operational outlooks.

MU+0.10

Already priced in

The price assumes