Time to Buy SanDisk, Micron? BlackRock Says Chip Stock Rout Is Overdone
BlackRock says last week's semiconductor selloff went too far, arguing cheaper AI lifts demand for memory chips from SanDisk and Micron, not less.
A big investment company thinks memory chip stocks fell too much in price too quickly, because AI computers will actually need lots of memory chips to work. When smart people think prices dropped too far, it can hint the company might do okay.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.