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Micron and Sandisk shares are phenomenally ‘overbought.’ Are memory stocks flying too close to the sun?

MarketWatch · Jun 16, 2026, 12:06 PM · Also reported by 2 other sources

Booming AI demand has sent Micron and Sandisk shares far into overbought territory, but historic hardware backlogs are sustaining a rally.

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Micron and Sandisk shares are phenomenally ‘overbought.’ Are memory stocks flying too close to the sun?

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