CMB Stock News Of The Day 📰🗞️🗞️📈📉

“AI Tax Fears Trigger Massive Selloff in Memory Stocks” 🚨🚨🚨

Memory chip stocks plunged after South Korean policymaker Kim Yong-beom floated the idea of giving citizens a “national dividend” funded by AI-related tax profits. Even after officials clarified the comments were personal opinions — not government policy — investors rushed to dump semiconductor names tied to the booming AI trade.

Shares of Micron Technology, Western Digital, Seagate Technology, and SanDisk all sank sharply as traders feared tighter regulation and reduced profit upside across the global memory sector.

The selloff highlights how crowded the AI semiconductor trade has become, with even overseas political headlines now capable of wiping billions from US tech valuations in hours.