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Kristina Partsinevelos: Micron and Sandisk reach historic overbought levels

Kristina Partsinevelos: Micron and Sandisk reach historic overbought levels
Micron and Sandisk hit overbought extremes

Kristina Partsinevelos highlights sharp moves in memory stocks, stating that Micron is at its most overbought point in more than 30 years.

She also notes that Sandisk has reached its most overbought level ever, signaling extreme market conditions for both companies.

Partsinevelos recently reported that Dell shares gained about 30 percent after Wall Street underestimated its performance amid AI momentum, according to her earlier coverage. She has also noted that Super Micro plans to seek $7 billion to meet rising demand for AI servers, with Alphabet and SK Hynix pursuing similar infrastructure funding, as detailed in a separate report. These developments come as AI-related stocks continue to draw investor focus.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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