Jim Cramer highlighted that the AI boom has transformed the memory chip industry, supporting strong profits amid soaring demand and disciplined supply. Despite huge rallies this year—Sandisk up 653%, Seagate 261%, Micron 254%, Western Digital 211%—Cramer believes it's not too late to invest, citing long-term customer agreements and share buybacks as signs of a healthier cycle. He sees potential for further gains, especially in Micron, as the memory shortage continues and companies avoid past overbuilding mistakes. While acknowledging risks of a future slowdown, Cramer advises investors not to miss out on this opportunity.
Micron Technology retains a Strong Buy rating due to robust guidance including 22% sequential weekly revenue growth and expected margin improvements starting fiscal 2027. The company announced a $35.16 billion share buyback authorization, backed by s...
SK Hynix halted plans for a U.S. IPO of its Solidigm flash-memory unit, citing market volatility and regulatory concerns in South Korea. Despite scrapping the IPO, SK Hynix shares rose about 4%, outperforming peers like Micron and SanDisk. The compan...
Memory stocks, including SanDisk, Western Digital, and Micron, are experiencing sharp declines, with SanDisk down 8%, Western Digital 7%, and Micron 6%. The selloff is driven by concerns over increased competition from Chinese memory makers and worri...
Micron Technology has decided to bypass the 4F² DRAM architecture in favor of 3D technology, citing limitations in scaling and cost with 4F². Wedbush analysts highlight Micron's strong manufacturing progress, including early adoption of advanced tech...
Micron Technology reported a fiscal Q4 revenue of $54.23 billion, surpassing Wall Street estimates by over 5%, driven mainly by rising memory prices. The company projects even higher revenue of $61.5 billion for the next quarter, marking its biggest ...
