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Confirmation of Meta's AI spending plans sank the stock today -- temporarily.

Semiconductor stocks broadly rose on Thursday with memory-chip makers, including Sandisk, among the top performers.

Sandisk just scored a huge contract win with Meta -- reportedly.

By Ragini Mathur and Avinash P July 9 (Reuters) - Wall Street's main indexes advanced on Thursday, as rising chipmakers helped outweigh geopolitical anxiety over renewed attacks that could prolong the

SanDisk is the most direct publicly traded beneficiary of the disclosed arrangement, given that the memo specifically names the company as Meta's flash storage supplier; the stock's move reverses a bruising stretch that had weighed on the NAND-flash sector coming into this week.

Micron and other chip-related stocks rose on Thursday as the AI trade reignited.

Futures Signal Higher Opening for U. S.

Memory and storage stocks are rebounding sharply Thursday morning, reversing a bruising start to the week. Western Digital (NASDAQ:WDC) shares are up 7% to $589 and Seagate Technology (NASDAQ:STX) stock is up 7% to $921 in early trading, while Micron Technology (NASDAQ:MU) shares are up 6% to $1,010 and SanDisk (NASDAQ:SNDK) stock is up 6% ... Western Digital and Seagate Surge 7%, Micron and SanDisk Climb 6% as Memory Selloff Reverses

Micron (MU) just posted the best quarter in company history last month. The stock has fallen anyway.

It might be time for Nvidia to unleash the stock buybacks.

Stock Market Today: The Dow Jones index fell Thursday amid the latest U.S.-Iran news. Micron stock and Sandisk rallied premarket.

S&P 500 and Nasdaq futures pointed higher Thursday after Trump said Iran reached out, even as U.S.-Iran fighting continued overnight

The AI trade mounts a comeback as investors get over the worst of their fears about a flare-up in tensions between the U.S. and Iran.

Investing.com - Global memory monthly sales reached a record $74.6 billion, surging 31.7% month-on-month and running 2.8 percentage points above the 10-year seasonal average, according to UBS's July Memory Monthly report — a data point that has both UBS and Bernstein forecasting sharp contract price increases ahead, even as the two firms diverge sharply on how long the rally can last.

Investors need to consider whether Sandisk can exceed expectations from here.

Ahead of the Q2 earnings season, tech market trends are shifting.

Micron and Sandisk have pulled back significantly after reaching 52-week highs last month.

The Dow Jones slid with most stocks as oil prices jumped. The Nasdaq rose as Nvidia, Dell and AI plays bounced. SpaceX hit a new low.

Sandisk Corporation (NASDAQ:SNDK) is one of the 12 Most Profitable Cheap Stocks to Buy Right Now. On July 1, BofA lifted its price target on Sandisk Corporation (NASDAQ:SNDK) from $2,100 to $2,500 and maintained its Buy rating on the stock. The research firm expects the supply and demand imbalance in the NAND market to continue […]

The memory-chip complex has sold off hard from recent peaks. In light of this, investors are asking which of Micron Technology (NASDAQ:MU), SanDisk (NASDAQ:SNDK), or Applied Materials (NASDAQ:AMAT) they should actually own after the drawdown. According to Carson Group chief market strategist Ryan Detrick, from recent highs Micron stock is down 22%, Applied Materials stock ... Every Memory Stock Is Now in a Bear Market: Is Micron, SanDisk, or Applied Materials the Best Buy?

Sandisk Corporation (NASDAQ:SNDK) is one of the Best Stocks To Buy. On July 2, Sandisk Corporation (NASDAQ:SNDK) announced it has begun sampling its BiCS10 1Tb TLC 10th-generation 3D NAND flash memory. It introduced what the company called an industry-leading density of more than 29Gb/mm². The firm said the technology improves bit density by 59%. It […]

Sandisk stock is on fire this year.

SanDisk (NASDAQ:SNDK | SNDK Price Prediction) has become the strangest stock in the S&P 500. Shares are up 634.87% year to date, dwarfing the 67.8% gain on the VanEck Semiconductor ETF. Behind the move is a genuine business transformation. Q3 FY26 revenue hit $5.95 billion, up 251.03% year over year, with datacenter revenue exploding 645%. ... Can SanDisk Outperform the Semiconductor Sector in 2026?

Investors may have sold Sandisk stock for the wrong reason yesterday. That doesn't mean they were wrong to sell.

Four mega-cap stocks with four-digit share prices and no split announcements in sight, but one operational metric for each name reveals exactly how close they actually are.

AI Stocks Tumble as Middle East Fears Rattle Wall Street

Sandisk has been on an absolute tear since splitting from Western Digital.

Chip stocks trimmed losses on Wednesday despite a decline in the overall market.

US stocks are expected to extend losses on Wednesday after oil prices spiked following an exchange of strikes between the US and Iran that led to President Donald Trump declaring the ceasefire "over". Dow Jones futures were down 1.1%, with S&P 500 futures pointing to a 0.9% drop, while...

Stock Market Today: The Dow Jones index dropped Wednesday after Trump declared the ceasefire is "over." Micron and Sandisk dived.