CoreWeave shares have plunged on fears over rising debt yields, while memory stocks including Micron, SK Hynix, Samsung and Sandisk are seen as riskier because of the sector's cyclical nature. SK Hynix pulled the planned IPO of its flash storage unit amid weak stock performance and investor interest, and Micron and its peers are down roughly a third from their peak last July despite blockbuster results. At Nvidia's GTC Berlin, CEO Jensen Huang said he does not expect a memory oversupply until after 2029, noting that 'you can always use more of it.' Micron reported an 86.8% gross margin and an 80.7% operating margin last quarter, and guided gross margin down slightly to 85.95% for the next quarter. The author argues margins are near their peak, notes Micron trades at a forward P/E of just 5, and says the long-term picture remains uncertain.
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semiconductorsMicronCoreWeaveNVDAvaluation
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Related tickers and likely impact
NVDA
• NeutralNvidia
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.1T |
| Close on 10/23/2026 | 211.00 |
| Change that session | -0.57% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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