Micron, Sandisk, Nvidia and Intel Plunge in Chip Rout — SkimNews
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- Micron and Sandisk fell steeply with other AI stocks, with the market’s stated refrain that “investors don’t like uncertainty.”
- Nvidia, Micron and Intel plunged in a worsening chipmaker selloff, while Yahoo Finance called Micron and Sandisk’s valuation multiples “unbelievable” as chip stocks were crushed.
Why it matters: For shareholders in Micron, Sandisk, Nvidia and Intel, the selloff directly reduces the value of holdings in four named chip stocks. The coverage also broadens the diagnosis beyond uncertainty alone: Yahoo Finance calls Micron and Sandisk’s multiples “unbelievable,” making valuation a concrete part of the selloff narrative.
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