Shares of SanDisk and Western Digital rose sharply, fueled by strong AI-related storage demand. SanDisk's Q3 FY2026 earnings beat expectations with a 251% revenue increase and a 645% jump in data-center revenue, signaling a shift toward multi-year AI supply contracts. Western Digital also reported strong earnings with a 46% revenue rise and improved margins due to AI workloads boosting hard-disk drive demand. The market debates whether this rally marks a long-term AI storage supercycle or a potential bubble, with investors advised to watch upcoming earnings and pricing data closely before making decisions.
Shares of SanDisk rose 14% and Western Digital climbed 6% following SK Hynix's announcement to double wafer capacity in five years and triple it by 2034 to meet growing AI memory demand. This plan supports a positive outlook for NAND, DRAM, and HDD s...
Memory and storage stocks like Micron and Western Digital dropped 5-6% amid a broad chip selloff, driven by profit-taking after huge year-to-date gains. SanDisk, however, held steady thanks to strong Q3 earnings, a major shift to high-value markets l...
In 2026, value stocks with real dividends have matched or outperformed the broader market, led by three ETFs: Capital Group Dividend Value ETF (CGDV), JPMorgan Active Value ETF (JAVA), and Pacer US Cash Cows 100 ETF (COWZ). CGDV stands out with a 10%...
