Donald Trump threatened fresh strikes on Iran after Tehran closed the Strait of Hormuz over hostilities in Lebanon, triggering a drop in global markets.
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Western Digital bought the memory maker in 2016, and spun its flash storage and memory businesses back off in February 2025.
Despite an extremely overbought RSI near 99, SanDisk continues to rally on strong fundamentals, rising earnings, and robust cash flow generation.
Sandisk shares have rocketed higher amid an unprecedented memory chip supply shortage.
NTAP's all-flash growth and AI-driven customer wins are accelerating as enterprises modernize infrastructure and expand data-intensive workloads.
After a monumental run, the memory chip maker is posting record profits and spending billions on expansion, forcing you to decide if this AI-driven boom has truly broken the industry's old boom-and-bust habits.
Looking back on semiconductors stocks’ Q1 earnings, we examine this quarter’s best and worst performers, including Western Digital (NASDAQ:WDC) and its peers.
Gene Munster, Managing Partner of Deepwater Asset Management, used a CNBC segment on June 18, 2026 to tie together two critical semiconductor stories: Apple‘s willingness to raise iPhone prices and the parabolic move in memory chip stocks. His thesis: when the most operationally disciplined hardware company in the world signals it cannot absorb the full ... Apple’s Latest Reveal Proves That Micron Has “More Room To Run”
In recent days, Western Digital has been at the center of a wave of positive research updates, product showcases for AI data centers, and stronger earnings, all tied to surging demand for high-capacity storage and memory. This momentum has been reinforced by easing geopolitical risks, industry-wide optimism on AI infrastructure, and confirmation from major customers like Apple that memory price increases are becoming unavoidable. Together, these developments highlight how Western Digital has...
A number of stocks jumped in the afternoon session after President Trump announced Apple had agreed to design and manufacture chips with Intel in the United States, a foundry validation the market had been waiting on for over a year.
STX and WDC emerged as momentum stock picks as AI-driven data center growth boosts demand for large-scale storage solutions.
SanDisk (NASDAQ:SNDK) stock is surging in Thursday trading, up 11% to $2,170. Western Digital (NASDAQ:WDC) stock is also flying, up 7% to roughly $764. The catalyst landed before the open and hit memory and storage names broadly. The trigger came from Apple (NASDAQ:AAPL) CEO Tim Cook, who told the Wall Street Journal that surging memory ... SanDisk Jumps 11%, Western Digital Rises 7% After Apple Flags “Unavoidable” Memory Price Hikes
Intel (INTC) surged 9% in premarket trading after President Trump said in a Truth Social post that Intel and Apple (AAPL) have agreed on a deal to design and build semiconductors in the US.
STX is leveraging AI-driven data growth with its HAMR-based Mozaic platform to position itself for rising storage demand across cloud, edge and data centers.
US stocks are set to rebound on Thursday after Wall Street suffered a sharp sell-off following the first meeting of a new Federal Reserve regime, with investors taking comfort from signs of a de-escalation in the Middle East. Futures on the Nasdaq 100 have risen 1.3%, while the S&P 500...
Sandisk is riding the perfect storm of being in the right place at the right time.
FEATURE Tech stocks were rebounding on Thursday after President Donald Trump signed a memorandum of understanding to end the Iran war. Futures tracking the rose 0.8%, putting the tech-heavy index on track to claw back some of its losses from the previous session.
June S&P 500 E-Mini futures (ESM26) are up +0.98%, and June Nasdaq 100 E-Mini futures (NQM26) are up +1.64% this morning, pointing to a sharply higher open on Wall Street as sentiment got a boost after U.S. President Donald Trump signed a preliminary agreement to end the Iran war.
↗️ Intel (INTC): Shares in the tech giant surged premarket after President Trump said Apple agreed to work with it to design and build chips in the U.S. ↗️ Apple (AAPL): The iPhone maker plans to raise prices on its products to offset surging memory and storage-chip costs, CEO Tim Cook told the Journal.
With a net profit margin of 55.03%, Western Digital Corporation (NASDAQ:WDC) is included among the 12 Most Profitable American Stocks to Buy in 2026. Western Digital Corporation (NASDAQ:WDC) develops, manufactures, and sells data storage devices and solutions based on hard disk drive (HDD) technology. On June 15, Morgan Stanley analyst Erik Woodring raised the firm’s price […]
Western Digital has witnessed strong earnings growth in recent quarters, and its profit could continue to surge, driven by sustainable demand and higher pricing.
Shares of leading data storage manufacturer Western Digital (NASDAQ: WDC) jumped 7.7% in the afternoon session after it continued a rally sparked by a wave of analyst price target increases amid soaring demand for its storage products used in AI data centers.
Western Digital plans to complete a SanDisk share swap on June 22, further separating the two businesses. The transaction is set to leave Sandisk, ticker NasdaqGS:SNDK, operating as a pure-play NAND and SSD company. Sandisk is in an AI-driven memory upcycle, supported by strong AI-related demand, tight supply and multi-year contract wins. For investors tracking Sandisk, NasdaqGS:SNDK, the timing of this share swap matters. The stock has moved sharply, with the share price at $1,991.55 and...