Bitcoin After Rebounding from a Two-Year Low, the Rally in Memory and Semiconductor Stocks Has Cooled Off
Svmuu News: In 2026, SanDisk has risen by more than 530% year-to-date, and Micron has risen by more than 230%, reflecting the market’s demand in the first half of the year for companies benefiting from growing AI demand.Since then, the Roundhill Memory ETF (DRAM) has fallen 25% from its June peak, while the VanEck Semiconductor ETF (SMH) has dropped about 12%. Following reports that Meta was moving to sell off excess GPU capacity, AI infrastructure stocks and computing service providers were sold off, while Bitcoin rebounded from a two-year low.(CoinDesk).
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