Micron and SanDisk Stocks Rebound as Investors Bet on AI Boom, Cheap Valuations
The Micron and SanDisk stocks have rebounded in the past few months as their revenue growth accelerated and their valuations became cheap
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SanDisk (SNDK) premarket up ~3% before Aug 5 earnings. Wall Street projects $33.38 EPS with a consensus Buy rating.
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The Micron and SanDisk stocks have rebounded in the past few months as their revenue growth accelerated and their valuations became cheap
CXMT’s HBM3E push is intensifying the AI memory race. Here are ETFs offering different ways to play Micron, CXMT and the booming memory market.
DRAM ETF has seen strong outflows in the past few days, even as top companies like Micron, SK Hynix, and SanDisk revenue growth continues
SK Hynix plans a historic $720 billion investment through 2034 to triple its high-bandwidth memory (HBM) production capacity, addressing severe AI-driven memory shortages expected to persist through 2027 or longer. The company commands 58% of the global HBM market. Rather than investing directly in the volatile SK Hynix stock, investors can gain diversified exposure through ETFs like DRAM, IXUS, and EWY that hold SK Hynix alongside other AI memory leaders.
SanDisk stock fell nearly 3% premarket as chip tariff uncertainty weighed against Mizuho’s bullish forecast of massive free cash flow and share repurchases.
The article analyzes the Invesco S&P 500 Pure Growth ETF (RPG), a smart beta ETF that tracks the S&P 500 Pure Growth Index. RPG has gained 22.61% over the past year and 21.96% year-to-date as of September 1, 2026. The fund holds approximately 69 stocks with heavy exposure to Information Technology (43.3%), and top holdings include SanDisk, Micron Technology, and Comfort Systems USA. The article compares RPG to alternative growth ETFs like Vanguard Morningstar Growth ETF (VUG) and Invesco QQQ (QQQ).