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Micron Falls 6%, SanDisk Drops 7.8% as U.S. Memory Chip Sector Weakens on June 29

2026-06-29 14:31:00

DRAM-0.29%

According to MSX.COM data, on June 29, Micron Technology shares fell 6% to $1,064.34, SanDisk fell 7.8% to $1,931.16, and Kioxia ADRs dropped 7%. The two stocks ranked first and second in trading volume among all U.S. equities. South Korea's industry minister Kim Jung-gwan stated on the same day that the country expects to double DRAM production capacity within five years, with global memory market projected to grow fourfold in the same period.

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In-Depth Analysis

GOOGL Stock Falls 11.2% in June as Analysts See 28% Upside

Lucas Bennett19h ago

DRAM index high-leverage whale long position nearing liquidation, liquidation line only $2.7 away from current price.

Market Whisper06-29 03:36

Micron Stock Rises 0.8% as Susquehanna Sets $2,000 Price Target

Lucas Bennett06-29 02:02

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