[DEVELOPING] Memory names enter a bear market as the chip complex extends a selloff of more than $1T
Micron, Samsung and SK Hynix are each reported more than 20% below recent closing highs, with market-value declines put at roughly $113B, $173B and $176B respectively, extending a semiconductor selloff first measured at over $1T in late July. Coverage attributes the move to AI-valuation sentiment and Samsung's preliminary figures rather than to reported demand, which is described as still supply-constrained. What to watch: whether the divergence between reported memory scarcity and memory equity prices narrows from the price side or the demand side.