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Memory and storage stocks rally on strong earnings, with Sandisk up 16% and Micron 7%.

Company Fundamentals
13 Aug 2026
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Bullish
Memory and storage stocks rally on strong earnings, with Sandisk up 16% and Micron 7%.

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.

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