Memory chip stocks surged as concerns about AI spending faded, leading to a rebound in tech shares. Micron Technology rose 4% after reporting strong Q4 2026 results and forecasting higher revenue for fiscal Q1 2027, driven by high-bandwidth memory demand. Sandisk and SK Hynix outperformed, gaining 7% and 5% respectively, with Goldman Sachs highlighting their leadership in high-bandwidth flash memory for AI processors. However, SK Hynix faces regulatory scrutiny over its Solidigm unit's U.S. listing, and Goldman Sachs rated Micron as a less direct beneficiary of AI memory spending, suggesting investors remain cautious.
Micron Technology leads the memory chip rally on Pluang with a market cap of $994.34 billion and a 4.48% gain as of Oct 19, 2026 22:12 WIB. SK Hynix follows with a market cap of $691.18 billion, rising 5.63%, while SanDisk, smaller at $187.78 billion market cap, jumps 6.66%. These moves align with the broader tech rebound seen in the news but reflect current investor interest and trading volume on Pluang.
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