iFinance(@iFinance):Memory stocks are a roller coaster: SanDisk $SNDK is up 826% over the year but down 41% from its peak. Kioxia has plunged 64% from its high. The AI boom comes with brutal drawdowns. The average drawdown across the previous four major memory downcycles was 49%.

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2026.10.21 19:09

Memory stocks are a roller coaster: SanDisk $SNDK is up 826% over the year but down 41% from its peak. Kioxia has plunged 64% from its high. The AI boom comes with brutal drawdowns. The average drawdown across the previous four major memory downcycles was 49%.