AI Stocks Surge, Then Plunge: Which of 4 Sectors Is Worth Buying?
Micron has gained 324.5% over the past year, while Seagate and Western Digital have risen more than 170%, but all three have experienced substantial corrections from their highs. Applied Materials and Lam Research are down approximately 47% from their highs,… According to Table 1, the ten companies exhibit four identifiable business groupings, with notable similarities in both one-year appreciation and subsequent declines from their highs. The comparison also reveals that the industries generating the strongest stock appreciation are not necessarily those experiencing the smallest corrections. Micron’s September 30 earnings release reported fiscal 2026 revenue of $133.19 billion, compared with $37.38 billion in the previous year. Management also projected first-quarter fiscal 2027 revenue of approximately $61.5 billion, illustrating the extraordinary momentum in the memory market.…
