TradingKey - Following a heavy sell-off in the previous trading session, the U.S. memory sector staged a collective rebound in pre-market trading on November 6. SanDisk (SNDK) rose nearly 12%, Micron Technology (MU) gained over 9%, Western Digital (WDC) and Silicon Motion (SIMO) both climbed over 8%, Seagate Technology (STX) advanced more than 7%, and SK Hynix (SKHY) also rebounded nearly 6%.

TradingKey34 minutes ago

Nvidia Stock Forecast: China Shipment Delays Put $173.69 in Focus

TradingKey - Nvidia faces reported H200 shipment delays ahead of November 17 earnings. Broken $190.01 support leaves $173.69 in focus as investors assess deliveries.

TradingKey59 minutes ago

Why Did US Stocks Plunge? Nvidia, SanDisk and Micron Slump as AI Trade Suffers Worst Selloff Since 2020

TradingKey - U.S. equities suffered one of their most severe sell-offs in recent years, with the AI supply chain bearing the brunt of the hit. On Thursday local time, the Philadelphia Semiconductor Index plunged approximately 12.3%, marking its largest single-day decline since March 2020; the Nasdaq 100 Index dropped about 6.4%, the S&P 500 slumped 4.4%, and the Dow Jones Industrial Average fell by more than 1,800 points. As Nvidia (NVDA), memory chipmakers, and data center-related stocks tumbled across the board, market confidence in the outlook for AI investments was visibly shaken.

TradingKey5 hours ago

SNDK Stock Price Forecast: Plunges Over 22% in a Single Day to Breach $1,000 Mark, Stock Risks Falling Toward $500

TradingKey - At the close on Thursday (November 5) Eastern Time, SanDisk (SNDK) shares fell sharply by 22.26% to close at $806.43, touching an intraday low of $803.97, with trading volume surging to approximately 30 million shares—more than three times its 20-day average volume. Over the past week,

TradingKey5 hours ago

Micron Stock Price Forecast: Shares Plunge Over 17% in Single Day to Near 6-Month Low, Risk Falling Below $500

TradingKey - On November 5, Eastern Time, shares of Micron (MU) plunged to close down 17.46% at approximately $656.39, hitting an intraday low of $650 to mark a nearly six-month low. Trading volume climbed to around 75 million shares, more than double its recent average. Since touching $990 on October 28, Micron has seen a cumulative pullback of over 30% and has consecutively broken below several key moving averages, further deepening its short-term correction.

TradingKey10 hours ago

Nvidia Stock Price Forecast: Drops Below $190 to 7-Month Low, Could Plunge Over 10% Further

Nvidia's stock price broke down and plunged to a near-seven-month low, with the market eyeing more than 10% of further downside ahead.

TradingKey11 hours ago