(March 27): A two-day selloff in memory-chip stocks is revealing a split in the artificial intelligence trade, as Google touts a breakthrough that analysts say may curb demand for certain types of storage while leaving others largely unscathed. Meanwhile, losses extended for makers of flash memory including Japan’s Kioxia Holdings Corp that had soared in recent months. Now, the flash memory firms are taking the brunt of an industry-wide selloff that began this week when investors cottoned on to Google’s breakthrough. Investors feared this could reduce the need for memory from hyperscalers like Meta Platforms Inc — the largest data center operators. “Given the need to store model weights in graphics processing unit memory, high-bandwidth memory demand and DRAM produced by Micron will likely be unaffected,” Bloomberg Intelligence analyst Jake Silverman wrote in a note.

Source: The Edge Markets March 27, 2026 06:53 UTC