AI Chip Stocks Plunge, Stock Liquidations Surge: Micron $6.07M, SK Hynix $7M in 12 Hours

According to BlockBeats and Coinglass data, artificial intelligence-related stocks experienced sharp declines over the past 12 hours on July 2, following Meta's business strategy shift. Traditional finance stock contract liquidations surged significantly.

Micron stock contracts saw $6.07 million in liquidations over 12 hours, while DRAM ETF liquidations reached $5.67 million. SK Hynix faced over $7 million in liquidations, SanDisk exceeded $3 million, and leveraged AI ETF SOXL recorded $2.75 million in liquidations.