https://www.live-feeds.com/feed/elon-musk-just-nailed-it-on-why-chip-stocks-like-micron-and-sandisk-are-being-drilled-on-surprising-news-out-of-chinaContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/elon-musk-just-nailed-it-on-why-chip-stocks-like-micron-and-sandisk-are-being-drilled-on-surprising-news-out-of-chinahttps://www.live-feeds.com/feed/elon-musk-just-nailed-it-on-why-chip-stocks-like-micron-and-sandisk-are-being-drilled-on-surprising-news-out-of-china#u125310Fri, 16 Oct 2026 08:50:49 +0000Chip stocks including Micron Technology, SK Hynix, and SanDisk dropped sharply after ChangXin Memory Technologies announced major chip design progress. The memory selloff erased a combined one hundred eight billion dollars in market value during after-hours trading. Tesla and Space Exploration Technologies CEO Elon Musk noted that China can out-scale the rest of the world once it figures out manufacturing, pointing to past dominance in lithium batteries and solar panels. However, Musk also stated that advanced memory may be more difficult for Chinese manufacturers to crack.Why it mattersThe sh