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Micron (NASDAQ: MU ) stock has stalled this month as demand across the memory industry cools. It has broken below the crucial support level of $1,000 and is down over 22% from its high for the year. Still, its upcoming earnings report could be the catalyst it needs to reverse course. Micron Earnings May Be the Catalyst
Jim Cramer says the AI data center supply chain depends too heavily on SK Hynix and Samsung shares that he says are controlled by leveraged retail traders, while SK Hynix also announced a 40 trillion won buyback and cancellation plan.
The S&P 500 tops 7,800 for the first time after a flat July producer-price print and softer core PPI, while semiconductors and SanDisk’s 15% surge drive gains.
Sandisk Corporation (NASDAQ: SNDK ) stock fell nearly 10% in Thursday’s premarket session as investors questioned whether the memory-chip maker can sustain its unusually high profit margins after posting stronger-than-expected quarterly results. The reaction contrasted with Sandisk’s quarterly performance. The company
A second straight cool inflation reading and a wave of upbeat bank earnings pushed the Dow and small caps higher by midday Wednesday, even as a selloff across memory-chip and hardware stocks dragged the Nasdaq 100 into the red. Headline producer prices dropped 0.3% in June versus expectations for no change, with the an
Micron, Western Digital, and SanDisk have surged as demand for AI infrastructure reshapes the memory market, with SanDisk leading the rally but Micron appearing as the cheapest on valuation metrics
S&P 500 futures rise 0.79% after Micron Technology's strong quarterly earnings and ahead of key economic data releases
Micron Technology Inc. reports fiscal third-quarter results that topped Wall Street expectations and issues stronger-than-expected fourth-quarter guidance
SanDisk, Western Digital, and Seagate shares surge in after-hours trading following Micron's blowout earnings report
The Roundhill Memory ETF (CBOE: DRAM) continued its strong rally last week and reached a record high of $77.63, up by 173% from its lowest point in April, when it was launched. It has recorded inflows every week since its launch, with assets under management reaching $21 billion. This makes it the fastest ETF eve