Micron and SanDisk led the decline; the entire sector plunged. Market focus: Has memory storage peaked?
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Memory chip stocks experienced a large-scale sell-off on Tuesday, as concerns over a cyclical peak overshadowed Samsung's impressive preliminary results.
On Tuesday, after Samsung announced better-than-expected preliminary second-quarter operating profit, its Korea-listed shares closed down 7%.
US memory chip sector stocks came under broad pressure and fell, with