The technology sector is experiencing a significant downturn, driven by a sell-off in semiconductor and memory-chip stocks. Disappointing revenue and margin guidance from key storage companies like Western Digital and SanDisk, despite beating recent earnings estimates, has sparked profit-taking. [1, 4, 14] This has amplified broader investor concerns about the high levels of capital spending on artificial intelligence and whether the valuations of AI-related stocks are sustainable. The weakness follows similar sharp declines in Asian technology markets. [3, 5]