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Micron and Sandisk shares are phenomenally ‘overbought.’ Are memory stocks flying too close to the sun?

MarketWatch

TechnologyMarketWatch·Jun 16, 2026·1 min read

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.

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