{"id":554941,"date":"2026-03-30T21:47:10","date_gmt":"2026-03-30T21:47:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/554941\/"},"modified":"2026-03-30T21:47:10","modified_gmt":"2026-03-30T21:47:10","slug":"memory-optical-and-ai-construction-stocks-dive-as-embattled-saas-stocks-rebound","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/554941\/","title":{"rendered":"Memory, optical, and AI-construction stocks dive as embattled SaaS stocks rebound"},"content":{"rendered":"

Memory stocks sank on Monday, continuing a sell-off that began last week with new details about a potentially more memory-efficient AI algorithm<\/a> from Google Research. <\/p>\n

Western Digital<\/a>, Micron<\/a>, Seagate Technology Holdings<\/a>, and retail favorite Sandisk<\/a> all tumbled. <\/p>\n

Industry publication Wccftech flagged<\/a> that some memory chip prices have seen a \u201csignificant drop\u201d recently across multiple US retailers.<\/p>\n

A new, upbeat initiation for Seagate by JPMorgan analysts \u2014 they rated it \u201coverweight,\u201d basically a buy, on \u201copportunity for significant upside\u201d \u2014 couldn\u2019t help Seagate shake off the slump in the broader data center trade. <\/p>\n

Optical stocks \u2014 recent high-flyers \u2014 also got slammed, taking down Applied Optoelectronics<\/a>, Corning<\/a>, Lumentum<\/a>, Coherent<\/a>, and Ciena Corp.<\/a> . The group may also under particular pressure in light of reports<\/a> that Samsung is entering the silicon photonics market.<\/p>\n

AI construction trades like Emcor<\/a>, Vertiv Holdings<\/a>, and Sterling Infrastructure<\/a> also sank.<\/p>\n

Meanwhile, traders seemed to be scurrying back to securely profitable software-as-a-service (SaaS) and cybersecurity stocks as a place to wait out the market mayhem.<\/p>\n

ServiceNow<\/a>, Zscaler<\/a>, CrowdStrike<\/a>, Salesforce<\/a>, and Atlassian<\/a> were all solidly in the green in midday training. <\/p>\n","protected":false},"excerpt":{"rendered":"Memory stocks sank on Monday, continuing a sell-off that began last week with new details about a potentially…\n","protected":false},"author":2,"featured_media":554942,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[182,181,507,74],"class_list":{"0":"post-554941","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-artificial-intelligence","10":"tag-artificialintelligence","11":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/554941","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=554941"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/554941\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/554942"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=554941"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=554941"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=554941"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}