Are we heading for memory chip oversupply in 2029?

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Katrina Bishop  [9:27 AM]
Concerns around global memory chip oversupply as early as 2029 weighed on sentiment Thursday, amid a sell-off in global technology hardware stocks.

In Asia, South Korean chip giant SK Hynix plunged more than 10%, while rival Samsung Electronics fell 8.73%.

CNBC’s Arjun Kharpal reports.