Micron Technology and Sandisk both reported strong quarterly results driven by different memory segments. Micron's fiscal Q3 revenue hit $41.5 billion, boosted by high-bandwidth memory (HBM) and DRAM, with data center revenue surpassing $25 billion and gross margins near 85%. Sandisk's Q4 revenue was $8.97 billion, mainly from NAND flash pricing and volume, with data center revenue up 103% sequentially. Micron's strategic control of DRAM and HBM supply chains positions it for continued growth, while Sandisk benefits from NAND pricing cycles. Investors await Micron's late September report for further guidance, with Micron favored for its strong margins and AI memory dominance, whereas Sandisk offers momentum from recent gains but faces NAND market limits.
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 ...
Jim Cramer highlighted large flex-call option purchases in tech and energy stocks like Bloom Energy and Intel, raising questions about the buyer's identity. Weeks earlier, a House disclosure showed Pelosi's spouse had bought shares and call options i...
Three ETFs—IWMI, GPIQ, and PFFA—offer high monthly income streams of up to 14%, each using unique strategies: IWMI leverages small-cap volatility with tax-efficient index options; GPIQ writes modest Nasdaq-100 call options to balance growth and incom...
Seagate and SanDisk stocks dropped 4% and 3% respectively due to profit taking after strong gains this year, with no new company news to explain the decline. Seagate shares have surged 201% year-to-date, while SanDisk rose 29% in the past month. In c...
Micron Technology is a key winner in the AI-driven memory supercycle, experiencing record profits due to supply-demand imbalances in DRAM and NAND memory. Despite recent volatile stock price movements, Micron's forward price-to-earnings ratio remains...
