Memory stocks including SanDisk, Western Digital, and Micron Technology surged midweek following a difficult five-day decline. SanDisk led the rebound with a 9% gain, driven by strong NAND memory demand linked to AI data center growth. Micron and Western Digital also rose, supported by robust AI-related memory sales and improving gross margins. Despite recent volatility and high valuations, investor interest remains tied to AI infrastructure spending, with cautious optimism advised due to the sector's cyclical nature.
The Roundhill Memory ETF (DRAM), launched in April 2026 as the first U.S.-listed ETF focused solely on memory chip makers, has surged 98% since inception amid rising AI-driven demand for high-bandwidth memory. The fund is heavily concentrated in Sams...
Shares of memory chip makers including Seagate, Micron, SanDisk, and Western Digital fell sharply after Seagate's CEO expressed concerns about meeting the rising demand driven by AI development. The CEO highlighted that expanding production capacity ...
