Memory chip stocks, including Micron, SanDisk, and SK Hynix, experienced a significant rally on November 6, 2026, recovering a substantial portion of the steep losses from the previous day. [1, 5, 9] The prior day's sell-off was attributed to investor concerns over potential new regulations and a slowdown in AI data center construction following the U.S. midterm elections. [3, 8, 12] The rebound is seen as a technical bounce back from a fear-driven market overreaction, supported by strong underlying demand for memory chips driven by the artificial intelligence sector and a positive pricing outlook. [1, 2, 11]
Memory Chip Stocks Rebound Sharply After AI-Related Selloff