Memory chip stocks are experiencing sharp volatility as AI demand clashes with market uncertainty—Apple pushes to source Chinese chips despite US policy, while SK Hynix commits $64 billion to expansion and GM secures long-term supply deals. Major players like Micron and Western Digital are swinging between analyst optimism and selloff pressure.
·Apple lobbies US to allow Chinese memory chip purchases amid supply chain pressures
·SK Hynix announces $64 billion investment in memory chip plants driven by AI growth
·Micron and Western Digital stocks plunge 9-10% intraday despite strong demand forecasts
·General Motors locks in long-term memory chip supply agreement with Micron
·Memory chip sector volatility reflects broader AI boom uncertainty and global market tumble
drawn from Bloomberg.com, CNBC, Yahoo Finance, Seeking Alpha · updated 1h ago