Memory and storage stocks surged Thursday following strong earnings reports across the sector. Sandisk shares jumped 16% after reporting Q4 FY2026 non-GAAP EPS and revenue well above expectations, driven by a 437% YoY datacenter revenue increase. Micron, Western Digital, SK Hynix, and Seagate also posted impressive revenue and profit growth, fueling gains in specialized memory ETFs like Roundhill Memory ETF and Tema Memory ETF. Investors should watch how the rally affects different ETFs focused on DRAM versus NAND memory and be cautious with leveraged 2x ETFs due to their daily compounding risks. Upcoming catalysts include Micron’s fiscal Q4 2026 report and new memory technology ramps in 2027.
Western Digital's stock fell 4% even as it promoted AI storage solutions at a major conference, reflecting market skepticism without new orders or product launches. Seagate's shares dropped 5% amid broader hard disk drive sector weakness, while Micro...
Nvidia's latest AI supercomputer, the VR200 NVL72, allocates 70% of its $4 million bill of materials to its Vera Rubin GPUs, highlighting the chip's dominant role in AI infrastructure spending. Other components like DRAM and high-bandwidth memory mak...
Micron Technology is rated a Strong Buy ahead of its fiscal Q4 earnings report, driven by strong AI-related memory demand that has reset its earnings and margin outlook. The company reported Q3 revenue of $41.46 billion with an 85% gross margin, and ...
AI forecasts suggest Micron Technology's stock will see a modest 0.93% decline by October 1, 2026, averaging around $915.31 from its current $923.88. Despite this slight drop, Micron remains a key player benefiting from the AI semiconductor boom, wit...
Memory stocks like Micron, SanDisk, and SK Hynix dropped 6-7% following calls from Anthropic and OpenAI CEOs to slow AI development. These stocks are heavily tied to AI infrastructure demand, so investor concerns about a slowdown in AI training have ...
