Memory and storage stocks keep sliding despite blowout earnings

Sandisk, Micron, Seagate and Western Digital were among the top stocks of early 2026 but have dropped to the S&P 500’s bottom 10% since July, Bloomberg reported. Western Digital fell even after beating forecasts. Investors doubt how long debt-funded AI spending can last.

Sandisk, Micron, Seagate and Western Digital were among the stock market’s biggest winners in the first half of 2026…