Micron and SanDisk rally as investors return to memory chips
Memory-chip stocks rose Friday after a pullback. Micron gained about 4%, SanDisk rose more than 5%, while SK hynix advanced around 3%.
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Memory-chip stocks rose Friday after a pullback. Micron gained about 4%, SanDisk rose more than 5%, while SK hynix advanced around 3%.
U.S. equities clawed back Wednesday’s post-Fed losses by midday Thursday, with a blowout cloud print from Microsoft Corp. (NASDAQ: MSFT ) reviving the artificial intelligence trade and dragging beaten-down semiconductor names sharply higher. The Nasdaq 100 led with a 3.1% advance, though a 19-year high in long-dated Tr
Silicon Motion, Rambus, Everspin Technologies, and GSI Technology are four under-the-radar memory stocks with promising outlooks
Micron Technology reports quarterly results that crush expectations, with revenue of $41.46 billion and adjusted earnings per share of $25.11, beating Wall Street estimates