Bad memory: Some chip stocks are tumbling despite the broader post-election rally for tech. Here’s why

Tuesday’s blue tsunami didn’t just boost the Democrats’ fortunes. The 2026 midterm results also fueled a surge in the stock market, with all but a few Big Tech stocks seeing notable gains. But memory chip stocks told a different story. Shares in the four major memory chipmakers all saw steep declines. And those declines are continuing today. Here’s what you need to know. The midterm results boosted the markets Yesterday was a stellar day for many of the biggest-name companies traded on...