Micron Jumps 5%, SanDisk Rises 6%, Western Digital Climbs 4% as Memory Stocks Rebound With Chips
The rebound follows a 20% monthly drop in the PHLX Semiconductor Index, while JPMorgan says meaningful memory supply additions are not due before 2028.
5 Articles
5 Articles
Micron Jumps 5%, SanDisk Rises 6%, Western Digital Climbs 4% as Memory Stocks Rebound With Chips
Memory stocks are catching a strong bid in Monday afternoon trading as the broader semiconductor complex rebounds from a rough stretch. Micron Technology (NASDAQ:MU) shares are up 5% to $887.35, SanDisk (NASDAQ:SNDK) shares are up 6% to $1,435.70, and Western Digital (NASDAQ:WDC) shares are up 4% to $495.80. The bounce follows a punishing few weeks ... Micron Jumps 5%, SanDisk Rises 6%, Western Digital Climbs 4% as Memory Stocks Rebound With Chi…
Micron (NASDAQ: MU), SanDisk (NASDAQ: SNDK), CoreWeave (NASDAQ: CRWV) And IREN (NASDAQ: IREN) Recover As Retail Traders Bet On Memory Rebound
Shares of major memory chipmakers and neocloud operators climbed in overnight trading Sunday, offering tentative relief after a punishing week for AI-linked stocks. Micron (NASDAQ: MU) gained 2.5% in the session, while SanDisk (NASDAQ: SNDK) and Western Digital each rose approximately 1% after a week of heavy selling pressure. SanDisk shed over 29% across the week, marking its worst weekly performance in more than a year and cementing its positi…
DRAM ETF inflows rise as Micron, SanDisk, SK Hynix, Samsung lead rally amid risks
Investors are piling into the Roundhill Memory ETF (DRAM) as top stocks in the industry bounce back. DRAM jumped to $59.23, up by 20% from its lowest level this month. DRAM ETF inflows are soaring as top stocks jump The Roundhill Memory ETF jumped as top companies in the memory sector bounced back. In South Korea, Samsung Electronics stock rose by over 12% from its lowest point this month. SK Hynix rose to 1,919,000, up by 14% from its lowest p…
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