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
Stocks · News reference
Sandisk (SNDK) dips 5% premarket. With key support at $1,485 and resistance at $1,696, watch where traders step in next.
Reference Details
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
Keep reading
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 (SNDK) stock is up almost 3% on strong market sentiment and an optimistic outlook for the AI-driven memory cycle.
SanDisk stock fell nearly 3% premarket as chip tariff uncertainty weighed against Mizuho’s bullish forecast of massive free cash flow and share repurchases.