peshkov
Shares of memory and AI-related companies dipped premarket on Thursday after Sandisk's (SNDK) mixed guidance, while memory makers in South Korea and Japan also tumbled.
South Korean memory chip giants SK hynix ( SKHY) ( HXSCL) plummeted about 10%, and
Quick Insights
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How did Sandisk's revenue guidance affect memory chip stocks?
Sandisk's underwhelming fiscal 2027 revenue guidance led to sharp declines in its own share price and triggered notable selloffs among memory makers in South Korea and Japan, dragging down related market indexes.
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What was the market reaction to mixed results among AI and networking chip makers?
Shares of Nvidia and several major AI chipmakers were largely flat or dipped slightly, while other AI and networking-related stocks saw both gains and losses in premarket trading.
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How did chip equipment makers perform following earnings reports?
Chip equipment makers mostly gained, with MKS and ASML rising after strong results, but Applied Materials traded in the red.
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