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.
SanDisk received an "Outperform" rating from Evercore ISI, driven by its optimistic financial outlook and rising AI storage demand. The company projects mid-to-high teens revenue growth from 2028 to 2030, supported by its new long-term financial mode...
Lam Research announced a $3 billion investment over the next five years to expand its global R&D lab network, aiming to increase experiment capacity by over 50%. This expansion supports faster product development cycles and innovation in semiconducto...
Memory and storage stocks surged Thursday, led by SanDisk up 15%, SK Hynix up 9%, and Western Digital up 7%, driven by optimism around AI infrastructure and strong earnings. The rally began in Seoul with a 4% Kospi gain, boosting SK Hynix and Samsung...
Memory and storage stocks rallied sharply after SanDisk's 2026 Investor Day revealed ambitious targets, including sustained 80% gross margins through 2030 and strong revenue growth. SanDisk's new business model agreements with major customers underpi...
Sandisk's stock surged 15% after unveiling a bold financial model projecting mid-to-high teens revenue growth and around 80% gross margins from 2028 to 2030, fueled by rising AI-driven storage needs. The company expects adjusted free cash flow margin...
