MU, SKHY, STX, WDC And Other Memory Stocks Tumble — Evercore's Daryanani Believes Supply-Demand Imbalance Is Going To Get Bigger In 2027

Memory stocks including MU, SKHY, STX, and WDC have tumbled.

The Roundhill Memory ETF is down nearly 7% after more than doubling year-to-date.

Evercore analyst C.J. Daryanani expects the supply-demand imbalance to worsen in 2027.