US memory chip stocks extend decline, SanDisk drops over 11%
Original headline美股存储板块跌势加剧，闪迪跌超 11%
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SanDisk led a sharp selloff in U.S.-listed memory and storage stocks on November 5, falling 11.00%, while Seagate dropped 9.99%, Western Digital fell 9.44%, SK Hynix declined 7.93% and Micron lost 7.03%, according to Bitget market data. The Philadelphia Semiconductor Index slid 5.82% as the sector-wide retreat deepened, with major storage names posting losses of roughly 7% or more. The breadth of the decline signals investors are punishing the memory group as a whole rather than any single company. Watch whether the Philadelphia Semiconductor Index stabilizes and whether memory makers extend losses in the next session.
Muhabbit's AI wrote this summary in its own words from TechFlow's report and translated it from Chinese. It can get details wrong, so check the source.
Named in this story
SanDisk (SNDK), Micron Technology (MU), SK Hynix, Western Digital (WDC), Seagate Technology (STX), Philadelphia Semiconductor Index
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