Micron and Sandisk shares are phenomenally ‘overbought.’ Are memory stocks flying too close to the sun?
Booming AI demand has sent Micron and Sandisk shares far into overbought territory, but historic hardware backlogs are sustaining a rally.
Micron and Sandisk shares are phenomenally ‘overbought.’ Are memory stocks flying too close to the sun?
Overview
Booming AI demand has sent Micron and Sandisk shares far into overbought territory, but historic hardware backlogs are sustaining a rally.
Source
Originally published at www.marketwatch.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
