Memory chip stocks are trading lower in the pre-market session, following disappointing earnings reports from major AI players like Alphabet and Tesla on Thursday. These results have raised concerns across the market about the profitability of large-scale AI investments, which has been a primary driver of demand for memory products like HBM and DRAM. The sell-off suggests investors are re-evaluating the near-term growth prospects for the memory sector ahead of upcoming earnings from key storage companies.