Analysis: Underlying logic for memory chip stocks faces revaluation, dropped over 20% in past weeks

CoinFeed July 11 news, according to CCTV Finance reports, industry insiders indicate that historically in the memory chip industry, during prosperous market conditions, manufacturers often simultaneously expand production capacity, leading to concentrated release of new capacity and price crashes, causing the entire industry to fall into losses; subsequently manufacturers collectively reduce capital expenditures, and when demand recovers, another prosperous cycle arrives—this cycle constitutes the industry's unique periodicity. Since U.S. memory chip stocks hit a high in late June, news such as Meta's sale of computing power has sparked market concerns about computing power oversupply, causing memory chip stocks to collectively pull back. Data shows that industry leaders such as SanDisk, Micron Technology, Seagate Technology, and Western Digital have all seen stock price declines of over 20% in the past few weeks. Analysts point out that the underlying logic supporting memory chip demand currently faces revaluation, and the core variable lies in whether the technology gap between various AI large models will continue to narrow.