FT: Memory-Chip Shares Fall as Investors Weigh Whether AI Demand Can Break the Industry's Boom-Bust Cycle Amid Fresh Capacity Adds

The Financial Times reports memory shares dropped Monday as investors split on whether the wave of new AI-driven capacity expansion by SK Hynix, Samsung and Micron will trigger the industry's next glut — or whether AI demand has finally broken memory's classic boom-and-bust cycle. Comes as SanDisk fell 13% and Seagate 10% last week on similar concerns, and paired with SK's Chey Tae-won separately warning of a multi-year shortage.