Sold-Out Chips, Falling Stocks: Why Wall Street Is Suddenly Nervous About AI's Memory Boom

Memory-chip stocks, including Micron Technology Inc. (NASDAQ:MU) , SK hynix Inc. (NASDAQ:SKHY) and Sandisk Corp. (NASDAQ:SNDK) , came under pressure Friday as investors weighed strong AI-driven demand against rising interest rates, Chinese competition and uncertainty over how long supply shortages will last.