Svmuu News: The memory sector came under pressure after the U.S. stock market opened today, with shares of Micron, and SanDisk all falling sharply. Analysts note that Samsung and SK Hynix previously announced an investment plan of approximately 800 trillion won to build a new chip manufacturing hub, which together accounts for about two-thirds of global memory chip production capacity.This planned expansion of production capacity may exert new downward pressure on the supply curve for FY27–FY28, reigniting market discussions regarding the industry’s supply-demand balance. The market reaction has already shown divergence: direct DRAM and NAND plays are under more pronounced pressure, while companies primarily engaged in storage solutions or hard disk drives have demonstrated relative resilience.
Industry observers believe that while this news does not alter the short-term supply-demand landscape for the second half of 2026, it may dampen recent market optimism regarding “supply discipline driving price increases.” Moving forward, the industry will still need new price or demand data to support the logic behind valuation expansion. (Washington Post)
Analysis: The pullback in the U.S. stock market's memory sector may be due to expectations of supply expansion by Samsung and SK Hynix
Source:Odaily · Source Link
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