TradingKey – Micron leads decline in memory stocks, likely to remain under downward pressure.

On August 3, Eastern Time, memory stocks fell collectively in pre-market trading. Among them, Micron Technology ( MU) fell the most, dropping 4.2% to temporarily trade at $788.48; while SanDisk ( SNDK) fell 4.16%, Seagate Technology ( STX) fell 3.79%, SK Hynix ( SKHY) fell 3.74%, Western Digital ( WDC) fell 3.15%.

The collective plunge in U.S. memory stocks is not an operational issue of a single company, but a chain reaction triggered by a combination of multiple factors, including changes in customer market strategies, the transmission of intraday crashes from Asian peers, and the implementation of geopolitical policies. Last week, Apple intended…